his Question: 1 pt Consider the following simplified production function: where Y is output and N is employment According to the production function, labor's productivity (output per worker) is A. constant and equal to 1/N B. a variable between 0 and 1. C. constant and equal to 1
D. indeterminate
Given the value of labor's productivity in the simplified production function, Y N. it follows that the If the goods market is not perfectly competitive, then Ciick to select your answer