Author Question: Refer to the scenario above. Pat should submit a bid of ________. A) 200 B) 180 C) 45 D) ... (Read 27 times)

cherise1989 · **on:** Jun 29, 2018

Refer to the scenario above. Pat should submit a bid of ________.

A) 200
B) 180
C) 45
D) 135

Question 2

If the value of the marginal product of physical capital is 30 and the price at which the good the physical capital is used to produce is sold at 15, the marginal product of the physical capital used is:

A) 2 units.
B) 5 units.
C) 15 units.
D) 30 units.