Author Question: Suppose the municipal government of Calgary was able to quantify and then tax economic rent on a ... (Read 59 times)

Gabby · **on:** Oct 12, 2022

Question 1

The earnings of a factor in its best alternative use is called its
◦ economic earnings.
◦ economic profit.
◦ intrinsic value.
◦ transfer earnings.
◦ alternative value.

Question 2

Suppose the municipal government of Calgary was able to quantify and then tax economic rent on a highly sought-after piece of land. The result would be
◦ a rise in the price of land.
◦ a shift of the entire tax onto the consumer.
◦ an increase in the supply of the land.
◦ little or no effect on the supply of the land.
◦ a reduction in the supply of land.

kaynelson17 · **Reply #1 on:** Oct 12, 2022

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 50% of students answer this correctly