An increase in the capital utilized in the production process leads to what

a) an increase in specialization
b) an increase in labor and wages
c) an increase in workers' productivity
d) an increase in human capital utilization

Correct

C. an increase in workers' productivity

An increase in the capital used in the production process will make each worker capable of producing more output. The above is known as growth in labor productivity. This capital increase can be in the form of human or physical capital.

a causal relation between two events exists if the occurrence of the first causes the other. the first event is called the cause and the second event is called the effect. a correlation between two variables does not imply causation.

explanation: