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    Exam 14: Capital, Interest, and Profits Part Four: Applications of Economic Principles
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    If a Factor of Production Receives Rent, the Rent Is
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If a Factor of Production Receives Rent, the Rent Is

Question 28

Question 28

Multiple Choice

If a factor of production receives rent, the rent is determined by the:


A) price of the final good.
B) elasticity of the factor's supply.
C) cost of the factor's inputs.
D) price of all other factors.
E) all of the above.

Correct Answer:

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