Multiple Choice
If the productivity of capital rises,its MPP will _____ and its MRP will ____.
A) rise;rise
B) fall;fall
C) rise;fall
D) fall;rise
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q24: Labor and land are substitutes.If rent goes
Q25: You operate a shop that repairs TVs
Q26: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {ccc } \text {
Q27: If the wage rate were $250,how many
Q28: If a large increase in the wage
Q30: You operate a shop that repairs TVs
Q31: Using the table,how many units of
Q32: How many workers would the firm hire
Q33: Suppose that land and capital are substitute
Q34: An increase in the demand for steel