A K-saving innovation
| A. | causes a greater outward shift in the nation's production possibilities curve along the axis measuring the K-intensive commodity than along the axis measuring the L-intensive commodity. |
| B. | increases the productivity of capital proportionately more than that of labour. |
| C. | is equivalents to a proportionately greater increase in the supply of capital than in the supply of labour. |
| D. | All of the above. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
