menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 39
  4. Exam
    Exam 9: Economic Growth II: Technology, Empirics, and Policy
  5. Question
    If the Per-Worker Production Function Is Y = Ak, Where
Solved

If the Per-Worker Production Function Is Y = Ak, Where

Question 24

Question 24

Multiple Choice

If the per-worker production function is y = Ak, where A is a positive constant, then the marginal product of capital:


A) increases as k increases.
B) is constant as k increases.
C) decreases as k increases.
D) cannot be measured in this case.

Correct Answer:

verifed

Verified

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

Related Questions

Q19: In a steady state with population growth

Q20: Explain how the Solow growth model differs

Q21: Assuming that technological progress increases the efficiency

Q22: Explain why additional capital generates both positive

Q23: Endogenous growth theory rejects the assumption of

Q25: What is an endogenous growth model? How

Q26: Empirical evidence supports the theory that free

Q27: Economic research shows that _ in explaining

Q28: The analysis in Chapter 9 of the

Q29: Prescott interpreted fluctuations in the Solow residual

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines