Multiple Choice
The marginal revenue product of capital is the
A) same as the marginal revenue product of labor if all resources are used
B) same as the marginal physical product of capital in a perfectly competitive market
C) change in the interest rate when a firm borrows $1 to buy new capital
D) change in total revenue generated by an additional $1 of loanable funds
E) price of adding one more machine to production
Correct Answer:

Verified
Correct Answer:
Verified
Q138: Which of the following factors would not
Q139: Eliminating all farm price floors would<br>A) raise
Q140: Stockholders of a corporation can be regarded
Q141: If the productivity of capital increases, the<br>A)
Q142: The equilibrium interest rate is determined by
Q144: If a firm's MRP of capital =
Q145: Which of the following is true about
Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-3,
Q147: Market interest rates are determined solely by
Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-2,