True/False
The return on a factor above the amount necessary to entice that factor into the production process is called rent.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: Let C = the cost of capital
Q29: For most firms, the revenues the firms
Q30: When the total number of periods in
Q31: The change in a firm's total wage
Q32: In the real world, all markets _
Q34: Demand for labor that is derived from
Q35: Compared to the interest that an entrepreneur
Q36: The MPP curve tells us how much
Q37: One interpretation of the Neelin, Sonnenschein, Spiegel
Q38: Total expenditure is the change in a