This topic contains a solution. Click here to go to the answer

Author Question: A resource that earns only economic rent a. cannot be employed in any other line of production, so ... (Read 68 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
A resource that earns only economic rent
 a. cannot be employed in any other line of production, so its opportunity cost is zero
  b. is rental payment for a resource that has already been paid for
  c. is impossible because all resources have an opportunity cost associated with their use
  d. is not fixed in quantity
  e. has a perfectly elastic supply curve

Question 2

A metal-stamping factory moves next to a day care center. Noise from the factory makes it impossible for the kids to nap. What would be the optimal solution to this problem?
 a. The factory should move.
  b. The day care center should move.
  c. The factory should install sound insulation.
  d. The day care center should install sound insulation.
  e. We cannot determine the solution without more information.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kingjoffery

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

E




ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Excellent


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library