Suppose the production function for a certain device is q = L + 2K. If
Suppose the production function for a certain device is q = L + 2K. If a neutral technical change has occurred, which of the following could be the new production function?
A) q = L + 5K
B) q = 5 (L + K)
C) q = 2L + 4K
D) All of the above are possible.
ANSWER
C
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