Assume that the stock of capital k increases by 6 holding


Assume that the stock of capital ( K) increases by 6%. Holding all other factors constant, we know with certainty that which of the following will occur?

Select one:

a. output will increase by 6%

b. output per capita will increase by 6%

c. the capital-labour ratio will decrease

d. the capital-labour ratio will increase

e. output will increase by less than 6%

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Assume that the stock of capital k increases by 6 holding
Reference No:- TGS0943760

Expected delivery within 24 Hours