QUESTION 3 Technological knowledge O is the same thing as human capital. O can be discovered but it can never be kept secret. is a determinant of productivity. does not play a role in the relationship that economists call the production function.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 36CTQ: Retune to Table 7.2. In the top half of the table, at what point does diminishing marginal...
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QUESTION 3
Technological knowledge
is the same thing as human capital.
o can be discovered but it can never be kept secret.
is a determinant of productivity.
does not play a role in the relationship that economists call the production function.
Transcribed Image Text:QUESTION 3 Technological knowledge is the same thing as human capital. o can be discovered but it can never be kept secret. is a determinant of productivity. does not play a role in the relationship that economists call the production function.
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