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Home Q & A Board Other Fields Homework Help Business Economics
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usha usha
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3 months ago
In an aggregate production function with diminishing marginal product, if you double the capital stock K, then total output will _______.

▸ be cut in half

▸ increase less than double

▸ stay the same

▸ double
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Macroeconomics

Macroeconomics


Edition: 3rd
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smiller94107smiller94107
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3 months ago
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increase less than double
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usha Author
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3 months ago
Thanks
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This site is awesome
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You make an excellent tutor!
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