Solved

If Production Function Q1 = F(L, K), Which of the Following

Question 90

Multiple Choice

If production function q1 = f(L, K) , which of the following production functions illustrates neutral technical progress?

A) q2 = f(1.25L, 1.25K)
B) q2 = f(1.25L, K)
C) q2 = f(L, 1.25K)
D) q2 = 1.25 ∗ f(L, K)

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