The marginal product of capital
A)is measured by the slope of the line tangent to the production function relating output and capital.
B)is larger when the capital stock is relatively larger.
C)is smaller when the capital stock is relatively smaller.
D)displays diminishing marginal productivity only when the capital stock is small.

Question

Quizplus · Accepted Answer

The marginal product of capital is measured by the slope of the line tangent to the production function relating output and capital.

The Marginal Product of Capital