Question

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

Answer 1

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

Step-by-step explanation:

Output is represented as y

Capital is represented as k

Labour is represented as l

I hope my answer helps you