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Suppose the production function is Y = A
Suppose in 2000,K = 1000,N = 100,and Y = 199.5.In 2010,capital,labor,and output have doubled,so K = 2000,N = 200,and Y = 399.
(a)By what percentage did productivity grow from 2000 to 2010?
(b)If output had risen to 798 instead of 399,and capital and labor doubled,by what percentage would productivity have grown from 2000 to 2010?
Genes
Units of heredity made up of DNA that influence the development and functions of an organism.
Homozygous
Referring to two genes of one pair that are exactly the same in every letter of their code. Most gene pairs are homozygous.
Heterozygous
Referring to two genes of one pair that differ in some way. Typically one allele has only a few base pairs that differ from the other member of the pair.
Chromosomes
The structures within cells that contain DNA and carry genetic information.
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