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 130 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
:D TYSM

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells
Survivorship curve for the North American beaver. Survivorship curve for the North American beaver.
Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ... With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ...
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
economic question (having trouble) economic question (having trouble)
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library