True/False
If the marginal product of capital equals the rental rate of capital, firms should not hire any more capital.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q48: In the United States, the average number
Q48: Which of the following explain(s) differences in
Q49: As an economist working at the
Q50: State whether the following production functions
Q51: In the poorest countries in the world,
Q52: The solution to the firm's profit maximization
Q54: You are an economist working for
Q56: The text uses this analogy of the
Q58: Suppose the payments to capital and
Q65: One of the key characteristics of the