Which of the following is not a way that economists describe "economic rent"?
A) The gains that workers and owners of capital receive from supplying their labor or machinery in factor markets
B) The producer surplus in output markets
C) The rental price of a factor of production minus the cost of supplying it
D) The total revenue that a factor of production earns its owner
Correct Answer:
Verified
Q142: A "capitalist" may be someone who:
A)owns stock.
B)holds
Q143: The more human capital workers have, the:
A)less
Q144: The factor distribution of income:
A)shows how much
Q145: Which of the following is not an
Q146: In general, people who say they are
Q148: Markets that require workers with similar human
Q149: In the capital market, the purchase price
Q150: The rental price of capital is the:
A)interest
Q151: Which of the following is not an
Q152: We can expect producers to pay _
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