Social Studies
Social Studies, 09.03.2022 20:40, bushrajmaBushra

If Galaxia has a GDP that is 10 times larger than that of Myopia, which country would likely have greater marginal returns to capital based on the law of diminishing marginal returns to capital? Galaxia

Both countries would have marginal returns to capital equal to 0 due to diminishing returns.

Both countries would have equal marginal returns to capital.

Myopia

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Answers: 1

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If Galaxia has a GDP that is 10 times larger than that of Myopia, which country would likely have gr...

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