Diminishing Returns to Capital Means That Twice the Amount of Capital

question 113

True/False

Diminishing returns to capital means that twice the amount of capital will lead to twice the amount of output.

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Definitions:

Henry Shue

A philosopher known for his works on human rights, with a focus on the foundational rights to security and subsistence.

Sulfur Dioxide

A toxic gas with a pungent, irritating smell, used in many industrial processes and as a preservative, but known to cause environmental and health problems.

Emission Allowances

Permissions granted to a company to emit a certain amount of pollutants into the environment.

Green Capitalism

An economic model that seeks to address environmental issues within a capitalist framework, promoting sustainable practices and green technologies.