Multiple Choice
A technological improvement in the physical capital available to the firm has a similar impact on a firm's desired capital stock as
A) an increase in the interest rate.
B) a decrease in capital's MRP.
C) a reduction in the price of capital goods.
D) a decrease in the price of the firm's product.
E) a shift to the left of the capital's MRP curve.
Correct Answer:
Verified
Correct Answer:
Verified
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