If the depreciation rate increases from 5% to 10%, it will ___ in the long run. decrease the level of output increase the growth rate of output decrease the growth rate of output not change the level of output

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Chapter8: Cost Analysis
Section: Chapter Questions
Problem 2E
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If the depreciation rate increases from 5% to 10%, it will ___ in the long run.

decrease the level of output
increase the growth rate of output
decrease the growth rate of output
not change the level of output
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