Business, 18.01.2021 01:50 brianogle4069

Capital accumulation alone will be ineffective to sustain continued growth of per capita income because the marginal productivity of capital declines as more and
more capital is added. What sustains the long-term growth?

Select one:
a. Growth of entrepreneurs
b. Growth of private sector
c. Growth of technical progress
d. Growth of labour

= Growth of technical progress

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:20

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

Answers: 3

Answer

Business, 21.06.2019 23:20

Which feature transfers a slide show into a word-processing document?

Answers: 2

Answer

Business, 22.06.2019 13:20

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Answers: 1

Answer

Business, 22.06.2019 16:30

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Answers: 3

Answer

You know the right answer?

Capital accumulation alone will be ineffective to sustain continued growth of per capita income bec...

Questions