Figure 4.6: Production Function

question 113

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

---

Definitions:

Time-bound

A criterion for goal setting that imposes a specific timeline or deadline to achieve the goal.

SMART Goals

Specific, Measurable, Achievable, Relevant, and Time-bound objectives set to improve efficiency and success in achieving personal or professional targets.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Behavior Change

The process of altering patterns of behavior, often aimed at improving health or adapting to new circumstances.