When Capital Increases by ΔK Units and Labour Increases by ΔL

question 21

Multiple Choice

When capital increases by ΔK units and labour increases by ΔL units, output (ΔY) increases by:

• A)ΔK + ΔL units.
• B)MPL + MPK units.
• C)(MPK × ΔK) + (MPL × ΔL) units.
• D)(MPL × ΔK) + (MPK × ΔK) units.

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