Capital-Augmenting Technology

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A Capital-Augmenting Technology is an Economic Augmenting Technology that increases the ratio of capital's marginal product to labour's marginal product for a given capital to labour ratio.



References

2013

  1. J.R. Hicks (1932, 2nd ed., 1963). The Theory of Wages, Ch. VI, Appendix, and Section III. Macmillan.
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2003