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Physical Capital and Diminishing Returns

431,027 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English

Speech Time:

91%
  • 4:36 / 5:02

Speech Rate:

  • 162 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

capital

/ˈkapədl/

adjective exclamation noun

liable to death penalty. expressing approval. Writing the first letter of a word in big letters.

quantity

/ˈkwän(t)ədē/

noun

amount or number of material or abstract thing not.

increases
noun other verb

rise in size, amount, or degree of something. Amount something grows by. To make or become larger in size or amount.

tractor

/ˈtraktər/

noun

Powerful (farm) vehicle with large back wheels.

function

/ˈfəNG(k)SH(ə)n/

noun verb

activity natural to or purpose of person or thing. operate in particular way.

positive

/ˈpäzədiv/

adjective noun

Being sure about something; knowing the truth. positive quality.

earlier

/ˈərlē/

adjective adverb

Sooner than. before usual time.

produce
noun verb

agricultural products. To make something appear.

physical

/ˈfizik(ə)l/

adjective noun

Concerning things that can be seen or touched. medical examination.

horizontal

/ˌhôrəˈzän(t)l/

adjective noun

A level and flat position. horizontal line, plane, etc..

production

/prəˈdəkSH(ə)n/

noun

Process of making something on a large scale.

represented

/ˌreprəˈzent/

verb

To act on behalf of others in government.

properties

/ˈpräpərdē/

noun other

possessions collectively. Buildings or pieces of land owned by someone.

vertical

/ˈvərdək(ə)l/

adjective noun

at right angles to horizontal plane. vertical line or plane.

introduced

/ˌintrəˈd(y)o͞os/

verb

To make someone known to another by name.

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