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    Exam 4: Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization
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    An Increase in Total Factor Productivity Could Be the Result
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An Increase in Total Factor Productivity Could Be the Result

Question 27

Question 27

Multiple Choice

An increase in total factor productivity could be the result of


A) adverse weather.
B) the addition of new machinery.
C) new hires.
D) the introduction of new manufacturing methods.

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