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Assume That a Country's Production Function Changes from to

Question 61

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Assume that a country's production function changes from to . Which of the following could explain the Assume that a country's production function changes from to . Which of the following could explain the change in this production function? A) the disappearance of diminishing returns from the production function B) the arrival of robotic technology in production C) greater capital accumulation D) less depreciation due to better capital stock maintenance. Assume that a country's production function changes from to . Which of the following could explain the change in this production function? A) the disappearance of diminishing returns from the production function B) the arrival of robotic technology in production C) greater capital accumulation D) less depreciation due to better capital stock maintenance. change in this production function?


A) the disappearance of diminishing returns from the production function
B) the arrival of robotic technology in production
C) greater capital accumulation
D) less depreciation due to better capital stock maintenance.

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