The demand for capital is
A) a final demand because it is determined by market supply and demand.
B) a final demand because it is unrelated to any other market.
C) a derived demand because it is financially funded by other markets.
D) a derived demand because it depends on the production of goods.
E) the same as the demand in any other market.
Correct Answer:
Verified
Q19: Which of the following is not an
Q20: Depreciation occurs when
A)machines wear out.
B)factories get old.
C)capital
Q21: The equilibrium rental price of capital is
Q22: In a competitive market, the rental price
Q23: The demand curve for capital shows that
Q25: The price of a good with a
Q26: If the marginal revenue product of capital
Q27: What is the difference between financial capital
Q28: The equilibrium price of capital
A)is not affected
Q29: The profit-maximizing principle that marginal revenue product
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents