Increasing the capital available to the workforce, holding other factors constant, tends to ________ total output while ________ average labor productivity.
A. increase; not changing
B. increase; increasing
C. decrease; increasing
D. increase; decreasing
Answer: B
Economics
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Leverage refers to a firm's
a. output to employment ratio. b. revenue to cost ratio. c. debt to equity ratio. d. common stock to preferred stock ratio.
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As a rule, as a consumer acquires more and more of a good, the marginal utility declines.
Answer the following statement true (T) or false (F)
Economics