The marginal revenue product of capital is the
a. same as the marginal revenue product of labor if all resources are used
b. same as the marginal physical product of capital in a perfectly competitive market
c. change in the interest rate when a firm borrows $1 to buy new capital
d. change in total revenue generated by an additional $1 of loanable funds
e. price of adding one more machine to production
D
Economics
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Indicate whether the statement is true or false
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Monopolistic competition differs from perfect competition only with regard to the number of firms participating in the market
a. True b. False Indicate whether the statement is true or false
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