The Labour Input in the Production Function Can Increase

question 35

Multiple Choice

The labour input in the production function can increase

• A) only if the number of workers increases.
• B) only if the efficiency of the existing workers improves.
• C) if the number of workers increases and/or the efficiency of the existing workers improves.
• D) only if both the number of workers increases and the efficiency of the existing workers improves.

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Definitions:

Sets Of Variables

Groups of variables or elements that are related and can be manipulated, measured, or controlled in research.

Null Hypothesis

A hypothesis in statistical analysis that proposes there is no significant difference or effect, often tested in order to be rejected in favor of an alternative hypothesis.

Research Hypothesis

A statement predicting the nature of the relationship between two or more variables of interest in a study.

Null Hypothesis

A statement or assumption that indicates no statistical significance exists in a set of given observations, serving as the default position that there is no effect or difference.