Iift 2009 Question 61
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IIFT 2009
We have seen above that the marginal efficiency of capital depends, not only on the existing abundance or scarcity of capital-goods and the current cost of production of capital- goods, but also on current expectations as to the future yield of capital-goods - From these lines, options A, B and C can be inferred.
Availability of capital is nowhere mentioned as a factor on which marginal efficiency depends.
Hence, option D is the correct answer.