As Capital Per Worker Rises,output Per Worker Rises

question 5

True/False

As capital per worker rises,output per worker rises.However,the increase in output per worker from an addition to capital is smaller the larger the existing amount of capital per worker.

---

Definitions:

Business Opportunities

Circumstances or situations that can be leveraged by entrepreneurs or companies to achieve financial growth or competitive advantage.

Economically Viable

Refers to projects or endeavors that are capable of generating sufficient income to cover their costs and potentially generate profit.

Profitable

Referring to activities, investments, or entities that generate more revenue than the costs involved, leading to financial gain.

Labor Intensive

A process or industry requiring a large amount of human labor to produce goods or services, as opposed to being heavily automated or relying on machinery.