If firms are earning a profit from installed capital, then this raises the _____ value of installed capital and implies a _____ value of Tobin’s q.

If firms are earning a profit from installed capital, then this raises the _____ value of installed capital and implies a _____ value of Tobin’s q.
A)market; low
B)market; high
C)replacement; low
D)replacement; high

Leave a Reply

Your email address will not be published.