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17-01-2020
Business

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The production function y = f(k) means:
A) labor is not a factor of production.
B) output per worker is a function of labor productivity.
C) output per worker is a function of capital per worker.
D) the production function exhibits increasing returns to scale

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ewomazinoade ewomazinoade

18-01-2020

Answer:

C) output per worker is a function of capital per worker.

Explanation:

Output is represented as y

Capital is represented as k

Labour is represented as l

I hope my answer helps you

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