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If the Economy's Production Function Is Given by Output =

Question 6

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If the economy's production function is given by Output = A(physical capital) .3(human capital) .7(hours worked) .7
Then the marginal product of physical capital is constant if


A) hours worked are a declining function of human capital
B) hours worked are a linear function of A
C) the ratio of human capital to physical capital is constant
D) total factor productivity (A) is independent of human capital
E) physical capital is equal to total factor productivity

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