The price paid to a resource in totally fixed supply is called
a. economic rent
b. economic profit
c. wages
d. interest
e. opportunity cost
A
Economics
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The flexibility of a firm's techniques of production is an important determinant of its costs.
Indicate whether the statement is true or false.
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The Fed controls the money supply to achieve the policy goals set by the United States International Trade Commission
a. True b. False Indicate whether the statement is true or false
Economics