In the Following Production Function,Y = F(K,NA),a 20% Increase in a Will

question 18

Multiple Choice

In the following production function,Y = f(K,NA) ,a 20% increase in A will cause which of the following variables to increase by 20%?

• A)labor
• B)effective labor
• C)output
• D)output per worker
• E) none of the above

---

Definitions:

Union Growth

The process or trend of increasing membership and influence of labor unions, which advocate for the rights and interests of workers.

Conciliator

A neutral third party who assists in resolving disputes by improving communication between the parties, without having the authority to impose a solution.