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11. In general, what does a production function tell us? A. How much of final product can be
produced from production factors like capital and labor B. How factors like capital and labor can
be mixed to produce only ice cream but nothing else C. Exactly how an increase in wage can
lead to waste in production and capital use D. Whether a production results in high or low level
of pollution

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11- In general- what does a production function tell us- A- How much o.docx

  • 1. 11. In general, what does a production function tell us? A. How much of final product can be produced from production factors like capital and labor B. How factors like capital and labor can be mixed to produce only ice cream but nothing else C. Exactly how an increase in wage can lead to waste in production and capital use D. Whether a production results in high or low level of pollution