In a production function Y = F(L, K,N,E,T) Y is ?

Related Mcqs:

A production function ?

A. shows the dependency output of the working population B. depicts the relationship between input and output C. states the relationship between products and income distribution D. is a function of natural resources in a country...

The openly unemployed in LDCs are usually from all of the following except ?

A. persons 15 to 24 years old B. the educated C. residents of urban areas D. from the poorest 1/5 of the population...

Which of the following is not TRUE about unemployed in LDCs ?

A. The unemployment rate for youths is twice that of people over 24 B. Unemployment in rural areas is twice that of urban areas C. World-wide there are fewer unemployed females than males, but the rate is higher for women D. The unemployed are relatively well educated...

The invisibly underemployed ?

A. are workers who are compelled to work short hours B. result from an inadequate use of workers capacities C. are part-time workers who voluntarily work short hours D. None of the above is correct...

The theoretical basis for zero marginal productivity of labor was the concept of ?

A. marginal rate of substitution B. labor force literacy C. substitution of leisure and work among labor D. limited technical sustainability of factors...