Choose the correct statement OA. Labour hours are not all equally productive OB. The aggregate production function is th

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Choose The Correct Statement Oa Labour Hours Are Not All Equally Productive Ob The Aggregate Production Function Is Th 1 (16.92 KiB) Viewed 11 times

Choose the correct statement OA. Labour hours are not all equally productive OB. The aggregate production function is the relationship that tells us how real GOP changes as the real wage rate changes, when all other infuences on production remain the same OC. An increase in the quantity of labour and a corresponding decrease in leisure hours shifts the production function upward OD. An increase in the quantity of labour and a corresponding decrease in leisure hours will have no effect on real GDP