Capital and Labor Are Distinct from Productivity in That ________

question 19

Multiple Choice

Capital and labor are distinct from productivity in that ________.

• A)productivity is independent of technology changes
• B)productivity can only increase over time
• C)productivity is subject to diminishing returns
• D)capital and labor are subject to diminishing marginal returns

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Definitions:

ATP

Adenosine Triphosphate, a molecule that serves as the primary energy carrier in cells, facilitating metabolic processes.

Light

Electromagnetic radiation that can be detected by the human eye, essential for photosynthesis and visual perception.

Light-Independent Reactions

Chemical reactions in photosynthesis that convert carbon dioxide and other compounds into glucose, occurring in the stroma of chloroplasts and independent of light.