All Else Equal,if There Are Diminishing Returns,then Which of the Following

question 53

Multiple Choice

All else equal,if there are diminishing returns,then which of the following is true if a country increases its capital by one unit?

• A)Output will rise by more than it did when the previous unit was added.
• B)Output will rise but by less than it did when the previous unit was added.
• C)Output will fall by more than it did when the previous unit was added.
• D)Output will fall but by less then it did when the previous unit was added.

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Definitions:

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align day-to-day work with strategy, and measure and monitor progress toward strategic targets.

Research And Development

Activities undertaken by a company to innovate and introduce new products or improve existing products or processes.

Performance Perspectives

Different angles from which to evaluate and assess the performance of a company or organization, often used in strategic management and balanced scorecards.

Internal Processes

The procedures and activities carried out within an organization to achieve its business objectives.