The Neoclassical growth model assumes that,with a given state of technology,increases in the use of a single factor will eventually
A) increase the average product of the factor.
B) decrease the average product of the factor.
C) lead to an increase in the marginal output of the factor.
D) lead to a decrease in total output by the factor.
E) lead to an increase in the material standard of living.
Correct Answer:
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