The marginal revenue product of capital is the
A) same as the marginal revenue product of labor if all resources are used
B) same as the marginal physical product of capital in a perfectly competitive market
C) change in the interest rate when a firm borrows $1 to buy new capital
D) change in total revenue generated by an additional $1 of loanable funds
E) price of adding one more machine to production
Correct Answer:
Verified
Q81: For providing their resources to firms, workers,
Q82: Entrepreneurs, if successful, earn
A) rent
B) profit
C) wages
D)
Q83: Suppose Frank quits his $25,000 a year
Q84: If the loanable funds market pays 8
Q85: The addition to total physical product when
Q87: When Jim adds $1,000 worth of farm
Q88: Polly estimates that if she spends another
Q89: Money that a firm uses to buy
Q90: Q91: 
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