The income to someone such as Lebron James is
A) mostly pure rent.
B) composed of a payment necessary to induce him into employment plus economic rent.
C) a return to a factor in fixed supply; there is only one of him.
D) All of the above are correct.
Correct Answer:
Verified
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A)a reward
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A)land
B)labor
C)capital
D)entrepreneurship
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A)restricted to perfect competition.
B)occurs only in
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