The marginal product of capital is:
a. output divided by capital input.
b. additional output produced when one additional unit of capital is added.
c. additional output produced when one additional unit of capital and one additional unit of labor are added.
d. value of additional output when one dollar's worth of additional capital is added.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The marginal product of capital is: a. output divided by capital input. b. additional output produced when one additional unit of capital ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose that the price of a subway ride rises from $2.00 to $2.50. Because driving a car and taking the subway are, an increase in the price of a subway ride shifts the demand curve for sedans to th
Answers (1)
Companies that adopt the principle of ethical relativism in providing ethical guidance to company personnel:
Answers (1)
What is the number of each brand of trucks each year
Answers (1)
Would it ever be rational for a firm to borrow money in order to pay dividends
Answers (1)
In 2017 Sabrina earned an annual salary of $100,000 as an engineer. In 2018, her income rose to $105,000. The inflation rate in 2018 was 2%. How did Sabrina's nominal income and real income change in 2018 compared to 2017?
Answers (1)
New Questions in Business
Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the
Answers (1)
If Canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the US has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries?
Answers (1)
Recording Standards in Accounts The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours.
Answers (1)
Jennifer's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sally's is acquiring Jennifer's for $58,000 in cash.
Answers (1)
Why are protective tariffs considered negative? They cause imports increase. They cause imports to decrease. Countries usually raise tariffs in retaliation. Exports often decrease. They cause people to buy more goods produced by their home country.
Answers (1)