menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Trade and Economic
  4. Exam
    Exam 4: Overcoming Diminishing Returns: Technology As an Externality
  5. Question
    A Learning Curve Relates
Solved

A Learning Curve Relates

Question 20

Question 20

Multiple Choice

A learning curve relates:


A) the costs of production to the education of the labor force.
B) the amount of knowledge acquired with additional years of schooling.
C) salaries to the amount of schooling.
D) per unit costs of production of a certain product to its cumulative production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: A measure of an economy's technological progress

Q16: Externalities:<br>A) are incidental by-products of some other

Q17: The AK model generates permanent economic growth

Q18: Which of the following is not one

Q19: Paul Romer's definition of technology includes:<br>A) institutions.<br>B)

Q21: Endogenous growth models:<br>A) explicitly specify how technology

Q22: In the Cobb-Douglas production function, the closer

Q23: The reason that an increase in α

Q24: Researchers seeking to estimate total factor productivity

Q25: Technology is often described as:<br>A) a rival

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines