b.1 hour per chair.c.80 chairs.d.None of the above is correct.____
24.Which of the following is not correct?
25.Which of the following is true?
26.If a good has become more scarce than we know for surethat
27.If a production function has constant returns to scale, output can be doubled if
a.labor alone doubles.b.all inputs but labor double.c.all of the inputs double.d.None of the above is correct.____
28.Suppose that an American opens and operates a candy factory in Finland. This is an example of
____29.The dictator of Turan has recently begun to arbitrarily seize farms belonging to his political opponents, and he has given the farms to his friends. His friends don't know much about farming. The courts in Turan have ruled that the seizures are illegal, but the dictator has ignored the rulings. Other things equal, we would expect that
the growth rate in Turan will