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Suppose That Additional Units of Capital Affect the Marginal Productivity

question 86

Essay

Suppose that additional units of capital affect the marginal productivity of labor.This is not unrealistic.Word processors increase the marginal productivity of secretaries.On the other hand,robotic equipment can completely replace a worker and,thereby,lower the marginal productivity of labor.Given this possibility,determine the conditions under which isoquants will not be convex (i.e.,concave).


Definitions:

Sociolinguistics

The study of the relationship between language and society through examining how social categories- such as age, gender, ethnicity, religion, occupation, and class-influence the use and significance of distinctive styles of speech.

Nonverbally

Communication that occurs without the use of spoken language, including gestures, facial expressions, and body language.

Gesture-Call System

A form of communication seen in primates that combines gestural signals and vocalizations to convey messages.

Emotions

Complex psychological states involving physiological arousal, expressions, and cognitive interpretations.

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