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Based on the Production Function in the Above Figure,which of the Following

question 119

Multiple Choice

  Based on the production function in the above figure,which of the following is an attainable combination of labour and real GDP? i.300 billion hours of labour and real GDP of $20 trillion ii.300 billion hours of labour and real GDP of $8 trillion iii.100 billion hours of labour and real GDP of $12 trillion A) i only B) ii only C) iii only D) ii and iii E) i and ii
Based on the production function in the above figure,which of the following is an attainable combination of labour and real GDP?
i.300 billion hours of labour and real GDP of $20 trillion
ii.300 billion hours of labour and real GDP of $8 trillion
iii.100 billion hours of labour and real GDP of $12 trillion


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