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lilricemunch lilricemunch
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A year ago
The short-run aggregate production function is subject to ________ if capital stock is increased, holding the total efficiency units of labor constant.

▸ the Law of Diminishing Marginal Product

▸ increasing returns to scale

▸ decreasing opportunity cost of production

▸ increasing opportunity cost of production
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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ChicagokidChicagokid
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A year ago
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lilricemunch Author
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A year ago
Smart ... Thanks!
Smair87
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Yesterday
this is exactly what I needed
AlahuKakpar
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2 hours ago
Good timing, thanks!
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