True or False: If the capital stock is fixed and if the level of output is fixed,

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True or False: If the capital stock is fixed and if the level of output is fixed, then a rise in the marginal productivity of labor benefits the owners of capital.

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Price theory and applications

ISBN: 978-0538746458

8th edition

Authors: Steven E landsburg

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Question Posted: Jan 24, 2013 08:24 AM

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True or False: If the capital stock is fixed and if the level of output is fixed,

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False capital could either gain or lose The fact tha...View the full answer

Price theory and applications

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