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Author Question: Consider the following demand and supply curves in factor markets.FIGURE 13-4Refer to Figure 13-4. ... (Read 56 times)

xman15.

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Question 1

Consider the following demand and supply curves in factor markets.



FIGURE 13-4

Refer to Figure 13-4. Assume that all four factor markets are labour markets. The total amount paid to the workers is "transfer earnings" in diagram


◦ 1.
◦ 2.
◦ 3.
◦ 4.
◦ 1 or 4

Question 2

Consider the following demand and supply curves in factor markets.



FIGURE 13-4

Refer to Figure 13-4. Assume that all four factor markets are labour markets. The total amount paid to the workers is "economic rent" in diagram


◦ 1.
◦ 2.
◦ 3.
◦ 4.
◦ 1 or 4.


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Marked as best answer by xman15. on Oct 12, 2022

bleep bloop

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xman15.

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Reply 2 on: Oct 12, 2022
Excellent


marict

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Reply 3 on: Yesterday
Gracias!

 

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