If the Per-Worker Production Function Shifts Up

question 261

Multiple Choice

If the per-worker production function shifts up

• A)it now takes more capital per hour worked to get the same amount of real GDP per hour worked.
• B)an economy can increase its real GDP per hour worked without changing the level of capital per hour worked.
• C)the per-worker production function becomes flatter.
• D)negative technological change has occurred in the economy.

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Definitions:

Operations Management

The area of management concerned with designing, overseeing, and controlling the process of production and redesigning business operations in the production of goods or services.

Scientific Method

A systematic process for experimentation that is used to explore observations and answer questions.

Rigorously Gathered

Information or data collected with meticulous attention to detail and adherence to strict standards of accuracy.

Research Question

A clearly defined query that outlines the focus of a study or investigation.