The Flattening Out of the Production Function Is Likely to Occur

question 9

Multiple Choice

The flattening out of the production function is likely to occur

• A)only in a model without capital or technology.
• B)in any model where there are fixed factors.
• C)only in a model without labor.
• D)only in a model without technology.
• E)only in a model with labor, capital, and technology.

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Definitions:

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