If the nominal rental price of capital divided by the price of output is less than the marginal product of capital, a firm that wishes to maximize profits will
A) purchase more capital goods.
B) purchase fewer capital goods.
C) maintain the current level of capital goods.
D) allow capital goods to wear out without purchasing additional capital goods.
A
Economics
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a. the same amount of time. b. a longer period of time. c. a variable period of time. d. less time.
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Which of the following could not possibly be included in the same market as Coke?
A) Pepsi B) Gatorade C) Milk D) Bread
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