This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The division of a resource's earnings between economic rent and opportunity cost depends on the ... (Read 118 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
The division of a resource's earnings between economic rent and opportunity cost depends on the resource owner's
 a. elasticity of labor supply
  b. price elasticity of labor demand
  c. income elasticity of labor demand
  d. cross-price elasticity of demand
  e. marginal revenue product

Question 2

According to the Coase theorem, if bargaining costs are small, then there will be an efficient solution to the problem of toxic waste
 a. if the creator of the toxic waste is assigned the property rights
  b. if the victim of toxic waste is assigned the property rights
  c. regardless of which party is assigned the property rights
  d. if the property rights are shared equally between the creator and the victim of toxic waste
  e. in the form of a pollution tax


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Division of mitochondria by binary fission Division of mitochondria by binary fission
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
economic question economic question
economic question economic question
economic question economic question
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library