Figure 18-11 -Refer to Figure 18-11. Suppose the Intersection of the Supply

question 285

Multiple Choice

Figure 18-11
-Refer to Figure 18-11. Suppose the intersection of the supply and demand curves matches with a value of $200 on the vertical axis. Then

• A)the marginal product of capital is 200.
• B)the value of the marginal product of capital is $200.
• C)a unit of capital can be purchased for $200.
• D)each worker in markets that produce capital goods earns a wage of $200.

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Definitions:

Assault

An intentional act by one person that creates an apprehension in another of an imminent, harmful, or offensive contact.

Assault

An act that threatens physical harm to a person, whether or not actual harm is done.

Battery

A legal term referring to the intentional and unpermitted contact with another person, causing harm or offense.

Assault

An intentional act that creates an apprehension in another of an imminent, harmful or offensive contact.