A Technological Change That Raises the Value of Marginal Product

question 26

Multiple Choice

A technological change that raises the value of marginal product of capital ________ the rental rate for capital because the ________.

• A) raises; supply curve of capital shifts leftward
• B) lowers; supply curve of capital shifts rightward
• C) raises; demand curve for capital shifts leftward
• D) raises; demand curve for capital shifts rightward
• E) lowers; demand curve for capital shifts leftward

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Definitions:

Rated Voltage

The maximum safe voltage at which an electrical component can operate without sustaining damage.

Resistive Loads

Electrical components or devices within a circuit that primarily consume energy through resistance.

Wave Forms

Graphical representations of electrical signals, showing the variation of voltage or current over time.

Polarity

Refers to the orientation of magnetic or electrical poles, indicating the direction of magnetic or electrical fields.