The marginal revenue from the first 5 units of capital is as follows: 1st unit has MR $2.4, 2nd unit has MR 1.85, 3rd unit has MR 1.53, 4th unit has MR 1.22, and 5th unit has MR 1.04. Marginal benefit as follows:1st $1 has MB $1.76, 2nd $1 has MB $1.54, 3rd $1 has MB 1.40, 4th $1 has MB 1.31, and 5th $1 has MB of $1.23.

Marginal Benefit Marginal Revenue

1.76 2.4

1.54 1.85

1.40 1.53

1.31 1.22

1.23 1.04

If the interest rate is now 30%, then in the market for funds there is

Group of answer choices

anexcess demand for funds

an excess supply of funds

an equilibrium

none of the above