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According to the Traditional View, in What Direction Is the Slope

question 189

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According to the traditional view, in what direction is the slope of the production function, with capital per worker on the horizontal axis and output per worker on the vertical axis?


Definitions:

Negative Reinforcement

A behavior reinforcement strategy where the removal of an undesirable or aversive stimulus strengthens or increases the likelihood of a behavior.

Positive Reinforcement

The process of increasing the probability of a behavior by following it with a desirable event or outcome.

Likelihood

The probability or chance of an event occurring.

Punishment

A consequence that decreases the likelihood that a behavior will occur.

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