The per-worker production function illustrates the fact that as the amount of capital per worker increases, output per worker:
a. increases at an increasing rate
b. increases then decreases.
c. decreases but at an increasing rate.
d. decreases.
e. increases but at a decreasing rate.
e
Economics
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A free-rider problem exists when a good that has the following characteristic?
a. Rivalry in consumption. b. Elastic demand. c. Inelastic demand. d. Nonexcludable.
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