Country a and Country B Are the Same Except Country

question 33

Multiple Choice

Country A and country B are the same except country A currently has more capital.Assuming diminishing returns,if both countries increase their capital by 100 units and other factors that determine output are unchanged,then

• A)output in country A increases by more than in country B.
• B)output in country A increases by the same amount as in country B.
• C)output in country A increases by less than in country B.
• D)None of the above is necessarily correct.

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Definitions:

Counted

The act of determining the total number of items or individuals in a set or group.

Blocks

In cognitive and developmental psychology, refers to mental or physical obstacles that hinder progress or understanding.

Formal Operational Stage

The fourth and final stage of Jean Piaget's theory of cognitive development, characterized by the ability to think abstractly, logically, and systematically.

Abstract Thinking

The ability to think about objects, principles, and ideas that are not physically present.