Your upstairs neighbor is the first-chair violinist in the local symphony orchestra. Because you are very fond of violin music, you sit on your balcony each night to listen to her rehearse. In this case, your violin-playing neighbor is an example of a

The greater the quantity and quality of complementary resources used in production, the ________ is the marginal productivity of the resource in question and the ________ is the demand for that resource

a. greater, lower b. lower, greater c. greater, greater d. lower, lower

Define the term rent. Explain why confiscation of rents would cause more than a simple transfer of income from resource owners to the government.

What will be an ideal response?