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Author Question: Choose the statement that best describes the difference between "economic rent" and other factor payments. (Read 35 times)

petersan

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on: Oct 12, 2022
Choose the statement that best describes the difference between "economic rent" and other factor payments.
◦ Economic rent is unearned income of the factor whereas other payments are earned.
◦ Economic rent is the sum of all factor payments.
◦ There is no difference between economic rent and other factor payments.
◦ Economic rent is not a cost to the firm but other payments are.
◦ A reduction in economic rent will not reduce the availability of the factor whereas reducing other payments of factors will reduce their availability.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by petersan on Oct 12, 2022

miro2222

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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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Only 35% of students answer this correctly


petersan

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

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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