Multiple Choice
The marginal product of capital (MPK) measures ________.
A) by how much output increases for each additional unit of capital
B) by how much capital increases for each additional unit of output
C) by how much capital increases for each additional unit of labor
D) by how much total factor productivity increases for each additional unit of capital
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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