Multiple Choice
-In Exhibit Q-2, if price of the good is $8, the price of a unit of the physical capital used inproduction (shown in column 1) is $800, and the interest rate of loanable funds is 17percent, the quantity demanded of physical capital is
A) 0 units
B) 1 units
C) 3 units
D) 4 units
E) 5 units
Correct Answer:
Verified
Correct Answer:
Verified
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