Consider the economies of hermes and gobbledigook, both of which produce gaggles of gop using only tools and workers. suppose that, during the course of 30 years, the level of physical capital per worker rises by 4 tools per worker in each economy, but the size of each labor force remains the same.

Production will increase at a decreasing rate (diminishing marginal returns)

Explanation:

When the one factor of production increase production experiences Diminishing Marginal Returns assuming the other factor is held constant. The extra output (marginal product) generated by increasing one factor of production Decreases as we continue to increasing that factor of production.

Hermes and Gobledigook economies uses labor/workers and tools to produce gaggles of gop. When the level Physical capital per worker increases to 4 tools per work in each country, production will increase but at a decreasing rate because tools will not be used efficiently. Workers have more tools than they need.

you don't if you paid you paid. it's like if i bought a computer and used it then i say idon't want it anymore so im gonna return it. you can't. unlkess you have your reciept

answer/// equals both average variable cost and average total cost at their respective minimums;