Suppose the Current Level of Output Is 5000,and the Elasticity

question 72

Multiple Choice

Suppose the current level of output is 5000,and the elasticity of output with respect to labour is 0.7.A 10% increase in labour would increase the current level of output to

• A)5035.
• B)5070.
• C)5350.
• D)5700.

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Definitions:

Heart Disease

A range of conditions that affect the heart, including blood vessel diseases, heart rhythm problems, and heart defects.

Asthma

A chronic respiratory condition marked by episodes of airway constriction, resulting in wheezing, shortness of breath, chest tightness, and coughing.

Cephalocaudal Trend

A pattern of growth in which development begins at the head and progresses down towards the feet.

Physical Development

The process that starts in human infancy and continues into late adolescent concentrating on gross and fine motor skills as well as puberty.