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A Change in the Ability of a Firm to Produce

Question 37

Multiple Choice
A change in the ability of a firm to produce a given level of output with a given level of inputs is called:
A)human capital investment.
B)an increase in labour productivity
C)technological change.
D)a movement along a given per-worker production function.

A change in the ability of a firm to produce a given level of output with a given level of inputs is called:


A) human capital investment.
B) an increase in labour productivity
C) technological change.
D) a movement along a given per-worker production function.

Correct Answer:

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