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.

---

Definitions:

Harmful Algal Blooms

Overgrowths of algae in water that can produce dangerous toxins, negatively affecting aquatic life, pets, and people, and harming the environment.

Nitrate

A compound containing nitrogen and oxygen, commonly found in fertilizers, and can lead to environmental concerns such as water pollution and eutrophication when present in high levels.

Phosphate

A salt or ester of phosphoric acid, commonly used in fertilizers, detergents, food additives, and for water treatment.

Degradable Wastes

Wastes that can break down into less harmful components over time through biological processes.