Economy, asked by nikhilsinghai1214, 1 year ago

What is marginal efficiency of capital and investment?

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Answered by monuedu1
0
Generally, marginal efficiency of capital or MEC refers to the expected rate of profit or the rate of return frominvestment over its cost. Marginal efficiency of a given capital asset is the highest return that can be yielded from the additional unit of that capital asset.
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