If there are diminishing returns to capital,then
A) capital produces fewer goods as it ages.
B) old ideas are not as useful as new ones.
C) increases in the capital stock eventually decrease output.
D) increases in the capital stock increase output by ever smaller amounts.
Correct Answer:
Verified
Q13: Country A and country B both increase
Q14: All else equal,if there are diminishing returns,then
Q15: All else equal,if there are diminishing returns,then
Q16: On a production function,as capital per worker
Q17: When a society decides to increase its
Q19: One of the Ten Principles of Economics
Q20: "When workers have a relatively small quantity
Q21: If a country were to increase its
Q22: Other things the same,if a country raises
Q23: Currently a country has real GDP per
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents