The marginal rate of return on investment is found by dividing the marginal resource cost per year by the marginal revenue product.
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Q23: If the market interest rate increases, then
A)the
Q24: If the interest rate increases from 6
Q25: The old adage that "a bird in
Q26: If people have a positive rate of
Q27: The reward offered to households to refrain
Q29: The difference between income and consumption is
A)rent
B)profit
C)saving
D)opportunity
Q30: If we assume that a unit of
Q31: Which of the following does not reflect
Q32: The reward for forgoing present consumption is
A)rent
B)profit
C)roundabout
Q33: If Arnold has a positive rate of
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