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Social Studies, 12.10.2019 04:10 lilyrockstarmag

When there are diminishing returns to physical capital, a. each successive increase in the amount of physical capital per worker leads to a smaller increase in productivity. b. increasing the amount of physical capital in the production process will not increase output. c. improvements in technology will not be effective in improving output. d. each successive increase in the amount of physical capital per worker leads to a larger increase in productivity.

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