The demand curve for capital is
a. its entire marginal physical product curve.
b. the downward-sloping portion of its marginal physical product curve.
c. its entire marginal revenue product curve.
d. the downward-sloping portion of its marginal revenue product curve.
d
You might also like to view...
Which of the following statements is true of foreign aid?
A) In practice, much of foreign aid does not get invested in new technology or education. B) Foreign aid is regressive to development. C) Foreign aid is provided only by financial institutions such as the World Bank. D) Foreign aid is directly responsible for reducing corruption in developing nations.
A small economy produces only pizzas and jeans. If an economy is operating inside its production possibility frontier, which of the following statements is true?
A. it will be possible to produce more pizzas without decreasing the production of jeans. B. the economy will be operating at a point on its production possibilities curve. C. the economy will be operating at a point outside its production possibilities curve. D. it will not be possible to produce more jeans or pizzas.
Which of the following statements best depicts laypeople's explanation of the Great Depression at that time?
A. Unions were keeping the good jobs for themselves. B. An oversupply of goods had glutted the market. C. Government policies kept prices too high. D. An oversupply of goods is impossible.
The short-run shutdown price occurs where price equals
A. AVC at any point. B. MC. C. AFC at the minimum point. D. AVC at the minimum point.