The pure rate of interest is the interest rate on a risk free loan.TrueFalseThe four factors of production and their payments in order are:A)labor, capital, land and technology paid wages, profit,...

The pure rate of interest is the interest rate on a risk free loan.TrueFalseThe four factors of production and their payments in order are:A)labor, capital, land and technology paid wages, profit, rent and interest.B)work, equipment, facilities and natural resources paid wages, interest, rent and profit.C) labor, capital, land and entrepreneurship paid wages, interest, rent and profit.D) physical capital, financial capital, labor and resources paid rent, interest, wages and price.The MRP of the next input unit is $42 and the MRC is $21.A) if the firm uses the next input its profits will rise by $21.B) the firm should reduce its input use until the two are equal.C) the firm should keep its input use at the current level.D) if the firm uses the next input its profits will fall by $21.