Transfer earning is the minimum amount that has to be paid to a factor to allocate it in its next ...

Author Question: Transfer earning is the minimum amount that has to be paid to a factor to allocate it in its next ... (Read 16 times)

penza

Hero Member
Posts: 1,022

on: Jun 30, 2018

Transfer earning is the minimum amount that has to be paid to a factor to allocate it in its next best alternative use.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A horizontal demand curve shows that demand for a good is _____.
a. perfectly inelastic
b. moderately inelastic
c. unit-elastic
d. moderately elastic
e. perfectly elastic

Melissahxx

Sr. Member
Posts: 304

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

e

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