Which One of the Following Statements About the Implicit Rental

question 89

Multiple Choice

Which one of the following statements about the implicit rental rate of capital is true?

• A)It is the market value of capital.
• B)It is the opportunity cost to a firm of using its own capital.
• C)It includes normal profit.
• D)It is the amount paid for the use of land or buildings.
• E)It is the depreciated value of capital.

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Definitions:

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A chemical mixture used to eliminate or reduce harmful microorganisms from surfaces.

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The process by which water changes from a liquid to a gas or vapor state, often due to heat.

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The composition of substances that forms a particular chemical compound or mixture.