Assuming That the Supply of Labour Is Inelastic, Which of the Following

question 99

Multiple Choice

Assuming that the supply of labour is inelastic, which of the following factors will prevent diminishing returns in an economy?

• A) An increase in income tax rates.
• B) A fall in the quantity of capital employed per worker.
• C) An increase in the employment of capital.
• D) An increase in the amount of output used in the renewal of existing capital.

Comprehend the role and effectiveness of transitional expressions and linking techniques in essays.

Differentiate between broad and specific thesis statements for essay writing.

Analyze the process of breaking bad habits through structured steps.

Appreciate the importance of environmental conservation and individual contributions towards it.