Which of the following is consistent with diminishing marginal ...

[roselinechinyere27m]

Which of the following is consistent with diminishing marginal product?
 a. The more you study each day, the more you learn from each added hour of study.
 b. The more you study each day, the less you know.
 c. Beyond some point, each added hour studying each day adds less to what you know than the previous hour's study.
  d. None of the above.

Question 2

If both demand for and supply of capital increase by equal amounts, then the equilibrium price of capital goes up, and the equilibrium quantity of capital increases.
 a. True
  b. False
  Indicate whether the statement is true or false

[nmyers]

Answer to Question 1

c

Answer to Question 2

False

[roselinechinyere27m]

Thanks for the timely response, appreciate it

[diana chang]

Great answer, keep it coming