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erastova [34]
3 years ago
11

Farm Country and Industry Country are two neighboring countries. Both countries produce only one​ good: good X. Production in bo

th countries is a function of total efficiency units of labor and physical capital stock. The aggregate production functions will shift upward when​ ________ produce(s) a higher output.
Business
1 answer:
matrenka [14]3 years ago
3 0

Answer:

B) the same amount of capital and labor

Explanation:

Only an increase in productivity shifts the production function upward given that all factors of production remain the same. Generally technology improves productivity and causes those shifts.  

Productivity measures the rate of output per unit of input. E.g. I write 10 pages per hour. If my writing productivity increases, I will write 12 pages per hour. Labor productivity is measured by the amount of output produced per hour worked.

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I believe the answer is: Speculation helped many low-income people move to the middle class. 

Due to the early development of industrial economy in the 1920s, the stock market experienced a period where most of company's value keep increasing over several years forward. This make a lot of people manage to grow their investment very quickly and obtain a lot of wealth.
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True or false? West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.
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Elmer’s utility function is U(x, y) = min{x, y2}. If the price of x is $25 and the price of y is $15 and if Elmer chooses to con
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Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

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ANd, the prcie of Y is $15

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Then ,

M = 25 × 49 + 15 × 7

= 1225 + 105

= 1330

Hence, the income is $1,330

The same should be relevant and considered too

6 0
3 years ago
The Securities Exchange Act of 1934 limits, but does not prohibit, corporate insiders from trading in their own firm's shares. W
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Answer and Explanation:

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1. The information could be misuse

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3 years ago
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