This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a resource has a perfectly elastic supply curve then its income is termed as: a. economic rent. ... (Read 67 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
If a resource has a perfectly elastic supply curve then its income is termed as:
 a. economic rent.
  b. rental rate of capital.
  c. rental income.
  d. annuity.
  e. transfer earnings.

Question 2

Medicare subsidizes or provides health care to the poor and medicaid provides health care to the elderly.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Excellent

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Frequency distribution curve: interpatient variability in drug response Frequency distribution curve: interpatient variability in drug response
economic question economic question
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library