Solved

The Marginal Product of Capital

Question 51

Multiple Choice

The marginal product of capital:


A) is equal to the increase in capital necessary to generate a one-unit increase in output, holding other factors constant.
B) is equal to the increase in output obtained from a one-unit increase in capital, holding other factors constant
C) is equal to the incremental profit associated with selling one more unit of output.
D) is equal to the incremental cost of employing one more unit of physical or human capital.
E) is equal to the incremental sales associated with the employment of one extra unit of human or physical capital.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents