The marginal product of capital is:
a. output divided by capital input.
b. additional output produced when one additional unit of capital is added.
c. additional output produced when one additional unit of capital and one additional unit of labor are added.
d. value of additional output when one dollar's worth of additional capital is added.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The marginal product of capital is: a. output divided by capital input. b. additional output produced when one additional unit of capital ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
You are offered a chance to buy an asset for $4500 that is expected to produce cash flows of $750 at the end of Year 1, $1000 at the end of Year 2, $850 at the end of Year 3 and $6,250 at the end of year 4.
Answers (1)
When the federal government cuts taxes and increases purchases to stimulate the economy during a period of recession, such actions are designed to be?
Answers (1)
The balance in the supplies account, before adjustment at the end of the year, is $2,397. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $1,127.
Answers (1)
Assume that you work for a company that produces different types of flavored salty snacks for many different target markets (for example, flavored potato chips or flavored sunflower seeds).
Answers (1)
What does the national government guarantee to the state governments
Answers (1)
New Questions in Business
Sheridan company offers its customers a pottery cereal bowl if they send in 3 boxtops from Sheridan Frosted Flakes boxes and $1. The company estimates that 60% of the boxtops will be redeemed.
Answers (1)
Kelly Realty loaned money and received the following notes during 2018:Note Date Principal Amount Interest Rate Term (1) Oct. 1 $28,000 6% 1 year (2) Jun. 30 22,000 10% 9 months (3) Sep. 19 14,000 14% 90 daysRequired:1.
Answers (1)
A method of distributing a firm's earnings to shareholders such that the shareholders can select when they want to claim the income for tax purposes is a:
Answers (1)
Parker Inc. is obligated to pay its creditors $33,333 very soon. If the market value of the firm's assets equals $49,700, calculate the residual value owed to the shareholders.
Answers (1)
Monopolistic competition is similar to perfect competition in that: Select one: a. there are a large number of firms b. firms earn economic profits in the long run c. firms face downward-sloping demand curves
Answers (1)