I looked around for the answers for this, and didn’t find one. I think this will benefit some of y’all so I thought I would post it here. Marginal product of capital - this is saying that a 1 unit increase in capital, will increase the output by the same amount. So for instance, if you have 10 workers and 1 tractor, increasing it to 2 tractors will increase the output by the (1 worker + 1 tractor) * 2 Marginal productively of capital if after you have given your 10 workers, 10 tractors, giving your 10 worker additional tractors will exhibit a diminishing productively of capital.
I suppose you are making a statement and not asking any questions. Am I right?
I figure if I’m wrong, someone will correct me. And if I’m not, then I’ve helped future CFA level 2 test takers. hehe