Question
The opportunity cost of capital investment is the: Select one: a. value of the marginal product of capital. b. value of the marginal product of
The opportunity cost of capital investment is the:
Select one:
a. value of the marginal product of capital.
b. value of the marginal product of labor.
c. real interest rate.
d. price of new capital goods.
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
