The Per-Worker Production Function Illustrates the Fact That as the Amount

question 60

Multiple Choice

The per-worker production function illustrates the fact that as the amount of capital per worker increases,output per worker:​

• A)increases at an increasing rate.
• B)increases then decreases.
• C)decreases but at an increasing rate.
• D)decreases.
• E)increases but at a decreasing rate.

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Definitions:

Cost Reductions

Measures implemented by a company to decrease its expenses and improve profitability.

Horizontal Acquisition

The merger or takeover of one company by another in the same industry or production stage, aiming for growth or reducing competition.

Ford

An American multinational automaker founded by Henry Ford, known for mass-producing affordable vehicles and pioneering assembly line production techniques.

General Motors

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.