Multiple Choice
In a graph of the production function relating output to capital,it is NOT true that
A) labour supply increases as capital increases.
B) the marginal product of capital can be measured as the slope of the production function.
C) the marginal product of capital falls as the capital stock increases.
D) the shape of the production function reflects diminishing marginal productivity.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: A favourable supply shock,such as a fall
Q68: The marginal product of labour (measured in
Q69: An increase in the real wage will
Q70: The real wage is measured by<br>A)the difference
Q71: What is the effect of immigration to
Q73: In WORKLAND,the marginal product of labour (MPN)is
Q74: The female participation rate in Canada has
Q75: Suppose that in 2002 Freedonia had GDP
Q76: Which one of the following is true?<br>A)The
Q77: The fact that the production function relating