Figure 4.6: Production Function

question 122

Multiple Choice

Figure 4.6: Production Function
-Consider the two production functions in Figure 4.6, representing two countries. Which of the following is true?
i. At points a and b, each country has the same per capita capital stock but different factor productivity.
ii. Points a and c represent the same country but with different factor productivity.
iii. Points b and d represent the same country but with different stock of per capita capital.

• A) i and iii
• B) i only
• C) ii only
• D) iii only
• E) i and ii

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