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Each firm has a downward-sloping demand curve for loanable funds because its mar

ID: 1100591 • Letter: E

Question

Each firm has a downward-sloping demand curve for loanable funds because its

marginal resource cost curve slopes downward

marginal revenue product curve slopes upward

marginal rate of return on investment curve slopes downward

marginal resource cost slopes upward

marginal rate of return on investment curve slopes upward

marginal resource cost curve slopes downward

marginal revenue product curve slopes upward

marginal rate of return on investment curve slopes downward

marginal resource cost slopes upward

marginal rate of return on investment curve slopes upward

Explanation / Answer

marginal rate of return on investment curve slopes downward

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