问题
单项选择题
The decision whether to add capital equipment to the production process should be based on:（）
A. future value, using the cost of financial capital as a benchmark.
B. present value, using the marginal revenue product of capital as a benchmark.
C. present value, using the cost of financial capital as a benchmark.
答案
参考答案：C
解析：
The marginal revenue product of capital is the prospective gain from adding capital to the production process. Since these gains occur many years into the future, they must be discounted at the cost of financial capital to obtain a present value. It is this present value that is compared with the cost of the project to determine whether or not the project should be accepted.