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    Principles of Microeconomics
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    Exam 17: Interest, Rent, and Profit
  5. Question
    If the Rate of Interest Is Fixed, a Profit-Maximizing Firm
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If the Rate of Interest Is Fixed, a Profit-Maximizing Firm

Question 122

Question 122

True/False

If the rate of interest is fixed, a profit-maximizing firm will employ capital up to the quantity where MRP = interest rate.

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