Multiple Choice
Grahame has a crocodile farm.He collects eggs from the wild which are hatched on the farm.Suppose flooding is very severe this year and eggs become much harder to find.As a result, Grahame should expect to see the marginal productivity of his capital:
A) decrease
B) increase
C) remain unchanged
D) turn negative
Correct Answer:
Verified
Related Questions
Q149: Grahame has a crocodile farm.He collects eggs
Q150: Land resources are compensated according to the:
A)absolute
Q151: The market wage is:
A)unaffected by the stock
Q152: The rental price of capital is determined