Solved

Payments to a Factor of Production in Excess of the Minimum

Question 24

Multiple Choice

Payments to a factor of production in excess of the minimum payments necessary to call it into existence constitute

A) consumers' surplus
B) rent
C) a golden parachute
D) an efficiency wage

Related Questions

Q19: When allocation decision are not made on

Q20: The Fabian socialists argued that there would

Q21: The past performance of a stock is

Q22: The accompany diagram shows the market for

Q23: A speculative bubble is characterized by systematic

Q25: According to Hayek,a social planner has no

Q26: Employers may choose to pay efficiency wages

Q27: A draft is better for society because

Q28: An efficient market is one in which<br>A)

Q29: The significant difference between adverse selection problems