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Author Question: The return to any factor of production that is in fixed supply is called (Read 82 times)

anjilletteb

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on: Apr 19, 2019

Question 1

If the marginal revenue product of land is less than its price, a firm should


◦ use more land.
◦ use less land.
◦ try to increase the productivity of land.
◦ increase the price it is willing to pay for land.

Question 2

The return to any factor of production that is in fixed supply is called


◦ marginal product.
◦ demand.
◦ economic profit.
◦ pure rent.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by anjilletteb on Apr 19, 2019

tennis14576

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Reply #1 on: Apr 19, 2019
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.
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anjilletteb

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Reply #2 on: Apr 19, 2019
TY


tennis14576

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Reply #3 on: Apr 19, 2019
You're welcome


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