The marginal revenue product of capital inputs does not provide complete information about optimal use because capital is:
A) money.
B) not an input.
C) an output as well as an input.
D) durable.
E) all of the above
D
Economics
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Road pricing will improve the allocation of resources to transportation
Indicate whether the statement is true or false
Economics
For consideration of such issues as labor's productivity growth nationwide, the relevant measure is the
A) marginal product of labor. B) average product of labor. C) total product of labor. D) wage. E) cost of capital.
Economics