If the Value of Marginal Product of Capital Decreases as More

question 18

Multiple Choice

If the value of marginal product of capital decreases as more capital is employed,then the

• A)supply curve of capital is upward sloping.
• B)supply curve of capital is downward sloping.
• C)demand curve for capital is horizontal.
• D)demand curve for capital is downward sloping.
• E)demand curve for capital is upward sloping.

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Definitions:

Conservation of Volume

The understanding that the quantity of a substance remains the same despite changes in its shape or container.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, typically developed during early infancy.

Conservation

The principle of maintaining the integrity of the environment and natural resources.

Surprised

A sudden feeling of astonishment or shock caused by something unexpected, reflecting a complex emotional and cognitive response to new information.