Which of the Following Statements Regarding Equilibrium in the Markets

question 109

Multiple Choice

Which of the following statements regarding equilibrium in the markets for capital and for a natural resource used in producing a good is true?

• A)The marginal revenue product of capital will equal the marginal revenue product of the natural resource.
• B)The rental price of capital will equal the price of the natural resource.
• C)The marginal product of capital will equal the rental price of capital and the marginal product of the natural resource will equal the price of the natural resource.
• D)The marginal revenue product of capital will equal the rental price of capital and the marginal revenue product of the natural resource will equal the price of the natural resource.