For the following questions use Figure 16.1 below.
-Consider Figure 16.1.If there is an increase in the capital,then curve __________ would shift to curve __________.If the MPK falls,curve __________ would shift to __________.
A)d;c;a;b
B)b;a;c;d
C)c;d;b;a
D)a;b;d;c
E)not enough information

Question

For the following questions use Figure 16.1 below. 
-Consider Figure 16.1.If there is an increase in the capital,then curve __________ would shift to curve __________.If the MPK falls,curve __________ would shift to __________.
A)d;c;a;b 
B)b;a;c;d 
C)c;d;b;a 
D)a;b;d;c 
E)not enough information

Quizplus · Accepted Answer

- If there is an increase in capital, this would lead to a rightward shift of the production function, which would cause curve c to become curve d.
- If the MPK falls, this would lead to a leftward shift of the marginal product curve, which would cause curve c to shift to curve b.

For the Following Questions Use Figure 16