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Author Question: Suppose the supply curve for a factor is perfectly elastic. In this case, the payments to the factor are (Read 107 times)

shivanipalawai@gmail.com

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on: Oct 12, 2022

Question 1

Suppose the supply curve for a factor is perfectly inelastic. In this case, the payments to the factor are
◦ wholly economic rent.
◦ wholly transfer earnings.
◦ an unnecessary tax on the factor.
◦ partly economic rent and partly transfer earnings.
◦ neither economic rent nor transfer earnings.

Question 2

Suppose the supply curve for a factor is perfectly elastic. In this case, the payments to the factor are
◦ neither economic rent nor transfer earnings.
◦ wholly economic rent.
◦ wholly transfer earnings.
◦ partly economic rent and partly transfer earnings.
◦ an unnecessary tax on the factor.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by shivanipalawai@gmail.com on Oct 12, 2022

aublw

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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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shivanipalawai@gmail.com

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Wow, this really help

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