Economic rent is paid only to land, and not to other resources.
Correct Answer:
Verified
Q38: In general, the quantity of savings supplied
Q39: As the rate of interest on borrowed
Q40: Economic rent refers to profit derived from
Q41: When the interest rate is higher, the
Q42: Almost all of the rent that tenants
Q44: Innovation is the act of putting an
Q45: "Rent seeking" describes the search and battle
Q46: The marginal productivity principle has relevance only
Q47: Discounting or computing present value is a
Q48: Invention is the act of generating a
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