Multiple Choice
Which one of the following statements about the implicit rental rate of capital is true?
A) It is the market value of capital.
B) It is the opportunity cost to a firm of using its own capital.
C) It includes normal profit.
D) It is the amount paid for the use of land or buildings.
E) It is the depreciated value of capital.
Correct Answer:

Verified
Correct Answer:
Verified
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