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Author Question: Economic rent is that portion of a resource's total earnings that exceeds its opportunity cost. a. ... (Read 93 times)

imowrer

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on: Jun 30, 2018
Economic rent is that portion of a resource's total earnings that exceeds its opportunity cost.
 a. True
  b. False

Question 2

Census data on the income distribution among families in the United States in recent years show
 a. a rising share earned by the top fifth and a declining share earned by the bottom fifth
  b. a rising share earned by the bottom fifth and a declining share earned by the top fifth
  c. both the share earned by the top fifth and the share earned by the bottom fifth rising
  d. both the share earned by the top fifth and the share earned by the bottom fifth falling
  e. falling total income in the top fifth


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ebonylittles

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


imowrer

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Reply #2 on: Jun 30, 2018
Thank you


ebonylittles

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Reply #3 on: Jun 30, 2018
No problemo


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