If the Marginal Product of a Unit of Physical Capital

question 150

Multiple Choice

If the marginal product of a unit of physical capital is 10 units of output and the final good that the physical capital is used to produce is sold for $5,the value of the marginal product of physical capital equals ________.

• A) $2
• B) $10
• C) $20
• D) $50

---

Definitions:

Employee Handbooks

Employee handbooks are comprehensive manuals provided by employers to their employees, detailing the organization's history, mission, values, policies, procedures, and benefits.

Stated

Explicitly expressed or declared.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes within an organization or institution.

Broad Guidelines

General principles or rules designed to direct actions or decisions in a wide range of situations, providing a flexible framework rather than strict instructions.