Which factor of production receives the greatest share of the U.S.national income?
A) Land
B) Labor
C) Capital
D) Entrepreneurship
Correct Answer:
Verified
Q57: The marginal productivity principle has some relevance
Q58: Entrepreneurship is the act of starting new
Q59: Corporate profits account for the largest portion
Q60: Economists consider rent seeking activity to be
Q61: The demand curve for capital is
A)its entire
Q63: The theory of factor pricing uses supply-demand
Q64: The marginal productivity principle says that a
Q65: If factor markets are competitive, a profit
Q66: The marginal productivity theory is irrelevant to
Q67: Interest payments account for about _ percent
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