× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
d
4
N
3
3
R
3
k
3
o
3
Z
3
j
3
s
3
d
3
J
3
1
3
New Topic  
smitch6 smitch6
wrote...
Posts: 548
Rep: 0 0
6 years ago
A key characteristic of the production function in the endogenous growth model presented in the text is that
A) there are increasing returns to scale in human capital.
B) there are decreasing returns to scale in human capital.
C) there are constant returns to scale in human capital.
D) at low levels of human capital, there are increasing returns to scale in human capital, while at high levels of human capital, there are decreasing returns to scale in human capital.
E) there are substantial diminishing marginal returns to human capital.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
Read 67 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
C
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1533 People Browsing
Related Images
  
 936
  
 391
  
 557
Your Opinion