The MRP = MFC maximization rule applies to capital just as it does to labor
Indicate whether the statement is true or false
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Economics
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Which of the following will shift the supply curve of good X rightward?
a) the price of Y, a substitute in production for good X, rises b) an increase in the cost of capital used to produce good X c) an increase in the price of energy d) a decrease in the number of suppliers of good X e) a decrease in the wages of workers employed to produce good X
Economics
According to the crowding-out effect, if the government runs a budget deficit of $100 billion, what is the change in the equilibrium quantity of investment?
What will be an ideal response?
Economics