Answer:
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Answer:
C
Explanation:
A rain barrel is a container that captures and stores rainwater for landscape and garden use during dry periods. Rain barrels provide an external benefit to the community through water conservation. If the government offers a per unit subsidy on rain barrels equal to the per-unit externality, then the after-subsidy equilibrium quantity of rain barrels will be more than the socially optimal quantity of rain barrels.
It is not correct to say that a company ought to rent more capital "if the marginal output of capital is smaller than the rental rate of capital." Hence we conclude that the statement is FALSE.
This is further explained below.
<h3>What is
the marginal product?</h3>
Generally, In neoclassical economics, the marginal product is the change in output that occurs from utilizing one more unit of a particular input, assuming that the values of all other inputs remain constant. Marginal product is the difference in output that occurs when an extra unit of input is used.
In conclusion, if the MPK is greater than the rental rate of capital, then the only time a firm should employ more capital is when they need it.
This is the only time that a company should employ additional capital.
It is not correct to say that a company ought to rent more capital "if the marginal output of capital is smaller than the rental rate of capital."
Read more about the marginal product
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Answer:
B. Miniperm loan
Explanation:
A mini perm loan is a form of temporary loan of financing that is used in commercial projects before those commercial projects becomes profitable. It is a temporary loan that is used to pay off construction loan and it is typically payable in three to five (3 - 5) years. It is a short term loan also used in the acquisition of investments properties. In this scenario, the developer would most likely seek financing in form of mini-perm loan.