When Increase in Capital Is Accompanied by New Knowledge and by Increasing

question 114

True/False

When increase in capital is accompanied by new knowledge and by increasing number of laborers,the producer experiences increasing returns.

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Definitions:

Independent Variable

In experimental research, the variable that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Latent Factor

An underlying variable that is not directly observed but influences patterns of correlation between observed variables.

Control Factor

An element or variable that is manipulated or held constant in a study or experiment to determine its effect on the outcome.

Independent Variable

In an experiment, the variable that is manipulated or changed to observe its effect on the dependent variable.