Which of These Would Have the Greatest Impact on Output

question 80

Multiple Choice

Which of these would have the greatest impact on output in a country based on the production function: output = A × f(L, K, H, N) ?

• A) a 5% increase in entrepreneurial ability and technology
• B) a 5% increase in the level of human capital
• C) a 5% increase in the amount of land
• D) a 5% increase in the amount of capital

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Asset Retirement Costs

Costs associated with removing equipment or property from service and disposing of it in accordance with legal and regulatory guidelines.

Depreciable Asset

A tangible or intangible asset subject to depreciation, reflecting the decline in the asset's value over its useful life.

Delivery Truck

A vehicle used by companies to transport goods from one location to another.

Company Logo

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