The marginal revenue product of capital is a. the marginal physical product of capital divided by the
Question:
The marginal revenue product of capital is
a. the marginal physical product of capital divided by the interest rate.
b. the change in the marginal physical product divided by the change in the quantity of capital.
c. the change in total revenue resulting from adding a dollar of loanable funds to production.
d. the total revenue derived from the last dollar of loanable funds multiplied by the interest rate.
e. the rate of interest.
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