menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 17: The Markets for Labor and Other Factors of Production
  5. Question
    Economic Rent Refers to the Price of a Factor of Production
Solved

Economic Rent Refers to the Price of a Factor of Production

Question 181

Question 181

True/False

Economic rent refers to the price of a factor of production which is fixed in supply.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q176: As nonunion construction workers replace a unionized

Q177: In a study conducted by Marianne Bertrand

Q178: An increase in the demand for orthodontic

Q179: If you were to ask your employer

Q180: Table 17-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 17-4

Q182: Mel's House of Cars is an automobile

Q183: Figure 17-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 17-2

Q184: Francis Crawford recently received a 20 percent

Q185: The demand curve for labor is also<br>A)the

Q186: If the demand for labor is unchanged,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines