NARRBEGIN: Exhibit 11-1
Exhibit 11-1

-In Exhibit 11-1, which unit of the resource is earning the most economic rent?
A) the fifth
B) the tenth
C) the fifteenth
D) the twentieth
E) they are all earning the same economic rent

Question

NARRBEGIN: Exhibit 11-1
Exhibit 11-1
 
-In Exhibit 11-1, which unit of the resource is earning the most economic rent?
A) the fifth 
B) the tenth 
C) the fifteenth 
D) the twentieth 
E) they are all earning the same economic rent

Quizplus · Accepted Answer

The fifth unit of the resource is likely earning the most economic rent because economic rent is typically highest for the initial units of a resource that are most productive or have the highest value.

NARRBEGIN: Exhibit 11-1 Exhibit 11-1