Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
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 29 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
Thanks
annabananerz
wrote...

Yesterday
Helped a lot
Lawson1981
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1287 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 294
  
 142
  
 283
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Should Ph.D.'s be addressed as doctors?