Answer (Choose 1 answer)
(17836) Refer to Figure 25-1. The curve becomes flatter as the amount of capital per worker increases because of
↑Y/L
Figure 25-1. On the horizontal axis, K/L represents capital (K) per worker (L). On the vertical axis, Y/L represents output (1) per worker (L).
A. increasing returns to capital.
B. diminishing returns to capital.
C. increasing returns to labor.
D. diminishing returns to labor.
KIL
mantot ni
Exit 7