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"When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly." This statement A. is an assertion that capital is subject to increasing returns. B. is made under the assumption that the quantities of human capital, natural resources, and technology are being held constant. C. represents an unconventional view of the production process. D. All of the above are correct.       

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91921118

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