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Output Per Unit of Labor (Y/L) Will _______ If ______________

Question 57

Multiple Choice

Output per unit of labor (Y/L) will _______ if ______________.


A) increase; the capital-labor ratio (K/L) decreases
B) increase; the capital-labor ratio (K/L) increases
C) increase; the efficiency of labor (E) decreases
D) increase; the capital-labor ratio (K/L) decreases and the efficiency of labor (E) increases

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