Business, 28.05.2020 00:59 pheonixhowls

The marginal product of capital can differ in the short-run from the user cost of capital because: a. the MPK depends on how sensitive firms are to changes in the economy. b. installing new capital takes time to equalize the MPK and the user cost of capital. c. the MPK and the user cost of capital are always equal to each other. d. the MPK is exogenous while the user cost of capital is endogenous.

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The marginal product of capital can differ in the short-run from the user cost of capital because: a...