We Can Express the Per-Worker Production Function as a Function

question 47

Multiple Choice

We can express the per-worker production function as a function of only per-worker capital thanks to

• A) the decreasing marginal return of capital.
• B) the decreasing marginal return of labor.
• C) the constant returns to scale.
• D) the impatience of households.

---

Definitions:

Summary

A brief statement or account that presents the main points or essence of a document or article.

Process Description

A detailed explanation of how something works or how to perform a set of actions to achieve a specific outcome.

Glossary Terms

A list of specialized or technical words with their definitions, often found at the end of a book or document.

Automated Index

A digital index created through automatic processes, typically involving software to catalog content for easier retrieval.