Because of Diminishing Returns to Capital,further Increases in the Quantity

question 83

Multiple Choice

Because of diminishing returns to capital,further increases in the quantity of capital in China would be represented as ________ the Chinese production function.

• A) a downward shift of
• B) an upward shift of
• C) a movement up along
• D) a movement down along

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Definitions:

Reference Column

A column in accounting journals where cross-references to ledger account numbers or other relevant documentation are noted.

T-Account

A T-account is a graphic representation of a general ledger account, used for teaching, analysis, and visualization, showing debits on one side and credits on the other.

General Ledger

A comprehensive set of accounts that records all transactions of a business, including assets, liabilities, equity, revenue, and expenses.

Chart of Accounts

A systematic listing of all ledger account titles and numbers used by a company to classify financial transactions.