Ecn 104 quiz 2 - Study guides, Class notes & Summaries
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ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE
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ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE 
How has productivity growth changed? - Answer- 1. Technological advance 
2. Capital each worker has to work with 
3. Education and training 
4. Economies of scale 
5. Resource allocation 
 
Technological advance - Answer- Discovery of new knowledge that allows for resources to be combined in new ways and increase output 
 
Quantity of Capital per Worker - Answer- - more and better plant equipment 
- increased quantity per wo...
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ECN 104 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED

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ECN 104 Midterm Exam 2024 with Complete Solutions

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ECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE

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ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE

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ECN 104 Chapter 7 Test
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