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Author Question: If a firm can borrow or lend at a 10 percent annual interest rate, it will a. buy all units of ... (Read 109 times)

justinmsk

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on: Jun 30, 2018
If a firm can borrow or lend at a 10 percent annual interest rate, it will
 a. buy all units of capital with a marginal rate of return above 10 percent
  b. buy all units of capital with an average rate of return above 10 percent
  c. buy all units of capital with a marginal rate of return below 10 percent
  d. buy all units of capital with an average rate of return below 10 percent
  e. select only the unit of capital with the highest marginal rate of return, assuming it is above 10 percent

Question 2

In the United States, imports have exceeded exports in every year since 1960.
 a. True
  b. False


taylorsonier

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  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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