In Equilibrium, Other Things Being Equal, All of the Following

question 99

Multiple Choice

In equilibrium, other things being equal, all of the following changes will increase the real rental price of capital except:

• A) a lower quantity of labor employed.
• B) a lower stock of capital.
• C) better technology.
• D) a higher labor-capital ratio.

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Definitions:

Value

The importance, worth, or usefulness of something, often considered in terms of its benefit to the customer or user.

Accounting Software

A computer application used to manage and record financial transactions, aiding in the preparation of financial statements and reports.

Objection

A concern or question raised by a potential buyer that can hinder the sales process.

Functional Trolleys

Mobile storage solutions designed for specific tasks or contexts, such as serving food in restaurants or transporting tools in workshops.