Solved

The Law of Diminishing Marginal Product to Capital Means That

Question 41

Multiple Choice

The law of diminishing marginal product to capital means that as we add additional units of capital:


A) and labor, output will increase, but at a constant rate.
B) and labor, output will increase, but at a decreasing rate.
C) but hold labor constant, output will increase, but at an increasing rate.
D) but hold labor constant, output will increase, but at a constant rate.
E) but hold labor constant, output will increase, but at a decreasing rate.

Correct Answer:

verifed

Verified

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

Related Questions