Solved

The Marginal Revenue Product of Capital Is the

Question 143

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions