The effect of an increase in capital per hour of work on productivity is best described as an upward shift of the productivity curve.

Name: The effect of an increase in capital per hour of work on productivity is best described as an upward shift of the productivity curve.
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Question

Quizplus · Accepted Answer

An increase in capital per hour of work typically results in a movement along the productivity curve, not an upward shift of the entire curve.

The Effect of an Increase in Capital Per Hour of Work