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Author Question: Alfred Marshall's concept of "transfer earnings" denotes (Read 83 times)

nods

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on: Oct 12, 2022

Question 1

The term "economic rent" refers to
◦ the opportunity cost of land.
◦ transfer earnings plus opportunity cost.
◦ a payment for use of land.
◦ factor payments in excess of transfer earnings.
◦ economic profit.

Question 2

Alfred Marshall's concept of "transfer earnings" denotes
◦ the amount that a factor must earn to keep it from transferring to another use.
◦ the amount a factor earns over and above what is necessary to keep the factor from transferring to an alternative use.
◦ the value of the factor to its user.
◦ the amount the factor earns every time it transfers between locations.
◦ a return to a particular factor which must be the same for all uses of that factor.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by nods on Oct 12, 2022

Marys

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Reply #1 on: Oct 12, 2022
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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nods

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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