An Increase in the Quantity of Capital Per Worker Would

question 115

Multiple Choice

An increase in the quantity of capital per worker would

• A)rotate the per-worker production function outward
• B)rotate the per-worker production function inward
• C)shift the per-worker production function downwards
• D)shift the per-worker production function upwards
• E)result in movement along the current per-worker production function

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Definitions:

Mineral Deposit

A natural accumulation of minerals in quantities sufficient for economic extraction.

Younger Sediments

Sediment layers that have been deposited more recently over older layers in the geological strata.

Black Smokers

Hydrothermal vents on the seafloor that emit clouds of black material, rich in minerals like sulfides.

Copper Deposits

Concentrations of copper within the Earth that can be mined for economic value.