Economy, asked by sayedabdullah2, 4 months ago

mariginal ceffciency of capita
l refrs to

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Answered by mohdyunus27

Answer:

The marginal efficiency of capital (MEC) is that rate of discount which would equate the price of a fixed capital asset with its present discounted value of expected income. ... The MEC is the net rate of return that is expected from the purchase of additional capital.

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