Multiple Choice
A vertical supply curve of a factor indicates that
A) the demand for the factor will vary directly with the price of the factor.
B) the supply of the factor is perfectly elastic.
C) the factor has zero opportunity cost.
D) a government restriction has been imposed on the purchase of the factor.
Correct Answer:
Verified
Correct Answer:
Verified
Q188: If the demand for investment loans rises,
Q189: Profits are income to<br>A)owners of capital.<br>B)all factors
Q190: If you have a high rate of
Q191: The quantity demanded of loanable funds is
Q192: What is the approximate present value of
Q193: Which of the following statements is true?<br>A)Nominal
Q194: Exhibit 29-4<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 29-4
Q196: If there is an increase in the
Q197: Which of the following is not a
Q198: "Pure economic rent" is a payment<br>A)in excess