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 82 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
:D TYSM

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

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 value (Dollars per Hectare) of sustainable ecosystems Economic value (Dollars per Hectare) of sustainable ecosystems
Social Capability and Economic Growth Social Capability and Economic Growth
Reproductive Cell Division: Meiosis II Reproductive Cell Division: Meiosis II
Economic objectives of firms Economic objectives of firms
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library