Assuming That W and R Are Both Positive,if the Long-Run

question 81

Multiple Choice

Assuming that w and r are both positive,if the long-run expansion path is horizontal,then

• A) MPK = 0.
• B) MRTS is a function of capital only.
• C) w = r.
• D) All of the above.

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Definitions:

Threshold

The point or level at which a stimulus is of sufficient intensity to begin to produce an effect.

Concentration Differences

Variations in the amount of a particular substance per defined space, leading to a gradient that can drive diffusion processes.

Higher Concentration

A condition where the quantity of a particular substance in a mixture or solution is greater than in other parts or compared to another mixture.

Plasma Membrane

The plasma membrane, also known as the cell membrane, is the phospholipid bilayer that encloses the contents of a cell, controlling the passage of substances in and out of the cell.