Which of the following in NOT a source of profit?
A) Innovation
B) Wages
C) Exercise of monopoly power
D) Risk taking
Correct Answer:
Verified
Q19: As the demand for land rises
A)rents rise
Q20: Profits are
A)less than 10% of national income.
B)a
Q21: Economic rents
A)accrue only to land.
B)accrue only to
Q22: Changes in rent on a plot of
Q23: The marginal revenue product schedule for land
Q25: All of the following would agree that
Q26: The single-tax movement,headed by Henry George,refers to
Q27: The present value of $100 received 3
Q28: In general the present value of $1,000
Q29: Which statement is true?
A)Rent and wages,but not
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