Economics · Choice of Techniques in Development
In the economic theory of choice of techniques, there is not only a potential conflict between current employment and future savings, but also:
- 1None of the above
- 2A conflict between labor supply and total capital stock
- 3A conflict between raw input quantity and finished output quality
- 4A conflict between immediate employment and current output maximization✓
Correct answer
A conflict between immediate employment and current output maximization
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