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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
  5. Question
    The Distinction Between Purchase Price and Rental Price Applies to Which
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The Distinction Between Purchase Price and Rental Price Applies to Which

Question 562

Question 562

Multiple Choice

The distinction between purchase price and rental price applies to which factor(s) of production?


A) land only
B) capital only
C) land and capital only
D) land, capital, and labor

Correct Answer:

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