A payment over and above that necessary to call forth a resource is called
A)profit
B)rent
C)taxes
D)salary
E)welfare

Question

Quizplus · Accepted Answer

Rent is a payment made over and above what is necessary to call forth and maintain a resource, such as land or a building. Profit is the excess revenue earned by a business after expenses have been paid. Taxes are payments made to the government by individuals and businesses. Salary is a payment made to an employee for their work. Welfare is financial assistance given to individuals or families in need.

A Payment Over and Above That Necessary to Call Forth