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The Production Function

Question 18

Multiple Choice

The production function The production function Describes: A) how particular amounts of capital and labor can be combined to generate output. B) how any amount of capital and labor can be combined to generate output. C) how any amount of capital and a particular amount of labor can be combined to generate output. D) how any amount of labor and a particular amount of capital can be combined to generate output. E) what output would be in a perfect economy.
Describes:


A) how particular amounts of capital and labor can be combined to generate output.
B) how any amount of capital and labor can be combined to generate output.
C) how any amount of capital and a particular amount of labor can be combined to generate output.
D) how any amount of labor and a particular amount of capital can be combined to generate output.
E) what output would be in a "perfect" economy.

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