Each worker may become less productive as population increases because of ... Market failures Constant returns to scale Capital shallowing The demographic transition Increased dependency ratios

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter19: Labor And Entrepreneurship: The Human Inputs
Section: Chapter Questions
Problem 4TY
icon
Related questions
Question
Each worker may become less productive as population increases because of ...
Market failures
Constant returns to scale
O Capital shallowing
The demographic transition
Increased dependency ratios
Transcribed Image Text:Each worker may become less productive as population increases because of ... Market failures Constant returns to scale O Capital shallowing The demographic transition Increased dependency ratios
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Competitive Markets
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Microeconomics: Principles & Policy
Microeconomics: Principles & Policy
Economics
ISBN:
9781337794992
Author:
William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:
Cengage Learning