A firm considering whether to borrow money to purchase a capital good will compare the rate of interest for the loan with the:
A. Opportunity cost of the capital good
B. Rate of return on the investment
C. Length of the investment
D. Treasury bill rate
B. Rate of return on the investment
Economics
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In the figure above, when 20 units are produced the marginal cost is
A) less than $8. B) $8. C) more than $8 and less than $16. D) None of the above answers is correct.
Economics
A perfectly competitive market is characterized by highly advertised goods
a. True b. False Indicate whether the statement is true or false
Economics