Multiple Choice
A company uses 100 workers and 30 units of capital to produce 500 units of output. If this company increases its capital to 50 units and, as a result, its output increases by 300 units, the productivity of labor ________ to ________ units per worker.
A) increases; 8
B) increases; 1
C) increases; 3
D) decreases; 4
Correct Answer:
Verified
Correct Answer:
Verified
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