What is the importance of diminishing returns to capital in the Solow-Swan model?

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Statistics For Business Decision Making And Analysis

ISBN: 9780321890269

2nd Edition

Authors: Robert Stine, Dean Foster

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What is the importance of diminishing returns to capital in the Solow-Swan model?

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In the SolowSwan model diminishing returns to capital are crucial as they highlight the idea that a... View the full answer

Statistics For Business Decision Making And Analysis

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