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skawa1991 skawa1991
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5 years ago
Suppose that an increase in capital per hour worked from $15,000 to $20,000 increases real GDP per hour worked by $500.  If capital per hour worked increases further to $25,000, by how much would you expect real GDP per hour worked to increase if there are diminishing returns?
A) by less than $500
B) by exactly $500
C) by more than $500 but less than $5,000
D) by more than $5,000 but less than $20,000
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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notrealnotreal
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Posts: 198
5 years ago
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skawa1991 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks for your help!!
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2 hours ago
Good timing, thanks!
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