Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
cheezymac cheezymac
wrote...
Go to Answer
Posts: 117
Rep: 0 0
A year ago
The following figure shows two aggregate production functions.




Refer to the figure above. Which of the following statements hold TRUE regarding aggregate production function 2?

▸ Up to point A, increases in human capital lead to constant aggregate output.

▸ Up to point A, the law of diminishing marginal product holds for the physical capital stock.

▸ Up to point A, increases in the physical capital stock lead to decreased output.

▸ Up to point A, the law of diminishing marginal product holds for human capital.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 27 times
1 Reply
Replies
Answer verified by a subject expert
wonton1wonton1
wrote...
#1
Posts: 120
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

cheezymac Author
wrote...

A year ago
Smart ... Thanks!
shelbycox
wrote...

Yesterday
Helped a lot
Ctownsend
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1244 People Browsing
 120 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 82
  
 221
  
 323
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: Who's your favorite biologist?