Solved

The Principle That If the Amount of Labor and Other

Question 36

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions