The process of increasing the amount of physical capital per worker

Social Studies

1 answer:

Scilla [17]2 years ago

8 0

Answer:

in an aggregate production function when the amount of human capital per worker and the state of technology are held fixed, each successive increase in the amount of physical capital per worker leads to a smaller increase in productivity; also referred to as diminishing marginal productivity of (physical) capital

Explanation:

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