Top Posters
Since Sunday
j
7
s
7
6
e
6
6
b
6
f
6
s
6
6
j
5
n
5
p
5
New Topic  
rafiki121 rafiki121
wrote...
Posts: 69
Rep: 0 0
A month ago
The following figure shows two aggregate production functions.




Refer to the figure above. What does the slope of the aggregate production function 2 between the origin and point A imply?

▸ The returns for increases in the physical capital stock are decreasing.

▸ The returns for increases in the physical capital stock are negative.

▸ The returns for increases in the physical capital stock are increasing.

▸ The returns for increases in the physical capital stock are first positive and then negative.
Textbook 

Macroeconomics


Edition: 3rd
Authors:
Read 6 times
1 Reply
Replies
Answer verified by a subject expert
dorkiexcicidorkiexcici
wrote...
Posts: 73
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
The returns for increases in the physical capital stock are decreasing.

1

Related Topics

rafiki121 Author
wrote...

A month ago
Thanks for your help!!
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  84 People Browsing
 460 Signed Up Today
Related Images
  
 211
  
 175
  
 72
Your Opinion
Who's your favorite biologist?
Votes: 423