Multiple choices 9/50
(Choose 1 answer)
(17836) Refer to Figure 25-1. The curve becomes flatter as the amount of capital per worker increases because of
A. diminishing returns to capital.
B. diminishing returns to labor.
C. increasing returns to labor.
Next
D. increasing returns to capital.
Figure 25-1. On the horizontal axis, K/L represents capital (K) per worker (L). On vertical axis, Y/L represents output (Y) per worker (L).
↑Y/L
VIT
1
2
3
4
5
6
7
8
9
10
11
12
13 14 15
16
17
18
19
20
21 22 23
24
25 26 27
28
29 30
31
32
33
34
35
36 37 38 39 40
41
42
43
44
45
46
47 48
49 50
Eit