What is revenue received by firms from sales that is not used to pay for factors of production?
A) rent
B) wages
C) profit
D) interest
Correct Answer:
Verified
Q67: What happens in the markets for factors
Q70: What happens in the markets for goods
Q70: What is the production possibilities frontier?
A)a map
Q71: Figure 2-2 Q74: For what reason are production possibilities frontiers Q76: Suppose there are two countries, Freedonia and Q77: Suppose an economy produces two goods, food Q78: Suppose an economy produces two goods, food Q79: Figure 2-2 Q80: In economics, what does capital refer to?
A)the
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