Profits may exist as the result of
A) uncertainty.
B) alertness to arbitrage opportunities.
C) innovation.
D) all of the above
E) none of the above
Correct Answer:
Verified
Q127: The nominal interest rate will rise if
Q128: When someone wins a lottery jackpot they
Q129: As the interest rate falls, firms are
Q130: The supply curve for land is _
Q131: If people have a positive rate of
Q133: Exhibit 29-3 Q134: Pure economic rent exists only when Q135: Bill Brown commands $2 million a year Q136: The supply curve for land will be Q137: Exhibit 29-4
A)opportunity costs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents