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:

Parallelism

Parallelism in writing is the use of similar structures in related words, clauses, or phrases to create a balance and rhythm in the composition.

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High Tax Rate

The proportion of income or revenue taken by the government through taxes is considered to be above average or burdensome.

Decimal System

A numerical system based on 10, particularly used in mathematics and denoting numbers using a point to separate the integer part from the fractional part.