Using the Points on the Diagram Below,identify Which Combinations of These

question 226

Essay

Using the points on the diagram below,identify which combinations of these points illustrate diminishing returns to capital.Give a brief explanation to support your answer. Alt text for Question 101: For question 101,a graph illustrating diminishing returns to capital
Long description for Question 101: The x-axis is labelled,capital per hour worked,K/L.The y-axis is labelled,real GDP per hour worked,Y/L.3 concave curves originating from 0 at the vertex are shown.5 points A ($50000,15000),B (60000,16000),C (70000,16400),D (60000,$17000),and E (60000,15000)are plotted.The curve labelled,Production function 1,passes through point E.The curve labelled,Production function 2,passes through points A,B,and C.The curve labelled,Production function 3,passes through point D.These 5 points are connected to their respective coordinates on the x and y-axis with dotted lines.

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Definitions:

Osteomalacia

A softening of the bones due to vitamin D deficiency or impaired metabolism, leading to increased susceptibility to fractures.

Nutritional Status

An assessment of the body's health in terms of nutrient levels, diet, and physical health indicators, used to identify potential deficiencies or imbalances.

Widow

An individual whose spouse has died and who has not remarried.

Gastrointestinal Motility

The movement of the digestive system and the transit of the contents within it.