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    Price Theory and Applications
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    Exam 15: The Demand for Factors of Production
  5. Question
    A Firm's Revenue Minus Its Factor Payments Equals
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A Firm's Revenue Minus Its Factor Payments Equals

Question 64

Question 64

Multiple Choice

A firm's revenue minus its factor payments equals


A) zero.
B) the profits or losses earned by the firm.
C) the quasi-rents earned by the factors of production.
D) the firm's total revenue.

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