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Author Question: If a resource has a perfectly elastic supply curve then its income is termed as: a. economic rent. ... (Read 94 times)

jon_i

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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


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hanadaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


jon_i

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tuate

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Reply 3 on: Yesterday
Excellent

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