MCQOPTIONS
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MCQOPTIONS
| 1. |
A profit maximising firm will invest up to the level of investment where ? |
| A. | The cost of borrowing equals the marginal efficiency of capital |
| B. | The cost of borrowing is greater than the marginal efficiency of capital |
| C. | The cost of borrowing is less then the marginal efficiency of capital |
| D. | The cost of borrowing equals the marginal propensity to consume |
| Answer» D. The cost of borrowing equals the marginal propensity to consume | |