Multiple Choice
If Bristol-Myers Squibb discovered a miracle drug that cured some forms of cancer,which theory would apply to the profits it earned?
A) Reward for innovation.
B) Reward for risk-taking.
C) Monopoly profits.
D) All of choices are true.
Correct Answer:

Verified
Correct Answer:
Verified
Q117: All of the following would agree that
Q118: If land is not in demand,its rent
Q119: Economic rent is the amount of money
Q120: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -The horizontal
Q121: Which of these does not interfere with
Q123: The rent on marginal land is _.
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -If there were
Q125: Economic rent is paid<br>A)only to landlords.<br>B)to resources
Q126: Which statement is true?<br>A)Rent and wages,but not
Q127: "Profits are a reward for risk-bearing" would