Business, 11.09.2019 03:30 azzyla2003

Suppose that an increase in capital per hour worked from $15,000 to $20,000 increases real gdp per hour worked by $500. if capital per hour worked increases further to $25,000, by how much would you expect real gdp per hour worked to increase if there are diminishing returns?
a. by exactly $500
b. by less than $500
c. by more than $500 but less than $5,000
d. by more than $5,000 but less than $20,000

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Suppose that an increase in capital per hour worked from $15,000 to $20,000 increases real gdp per h...