Multiple Choice
The principle that if the amount of labor and other inputs is held constant, then the greater the amount of capital in use, the less an additional unit of capital adds to production is called the principle of:
A) increasing average capital productivity.
B) diminishing returns to capital.
C) increasing returns to capital.
D) decreasing output per unit of capital.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Organizing production, obtaining financing, assigning workers to
Q32: The cost of a higher living standard
Q33: The key variable in determining changes in
Q34: If the share of population employed in
Q35: The establishment of well-defined property rights increases:<br>A)average
Q37: Suppose when you are 21 years old,
Q38: Compound interest is:<br>A)the payment of interest on
Q39: In symbolic terms where Y equals real
Q40: Small differences in annual growth rates of
Q41: Alpha has $40,000 of capital per worker,