What is the distinction between the price of capital equipment and the rental rate of capital?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:28 AM

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What is the distinction between the price of capital equipment and the rental rate of capital?

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The price of a unit of capital is how much must be paid to acquire ...View the full answer

Microeconomics

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