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If All of the Income Paid to a Resource Is

Question 44

Multiple Choice

If all of the income paid to a resource is opportunity costs,


A) the price and quantity of that resource are determined exclusively by supply
B) the price and quantity of that resource are determined exclusively by demand
C) the quantity of that resource is determined exclusively by supply
D) the price of that resource is determined exclusively by demand
E) the quantity of that resource is determined exclusively by demand

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