In the Following Production Function,Y = F(K,NA),suppose a Increases by 20%.This

Multiple Choice

In the following production function,Y = f(K,NA) ,suppose A increases by 20%.This 20% increase in A implies that

A) the same output can be produced with 20% less labor.
B) the effective quantity of labor has increased by 20%.
C) output will increase by less than 20%.
D) all of the above
E) both A and C.