Which of the following is most likely to incorporate a great deal of economic rent?
a. sale of a bag of potato chips
b. salary paid to an employee at the local Home Depot
c. a soft drink sold by a vending machine
d. sale of a rare stamp
d
Economics
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What makes the demand for some goods elastic and the demand for other goods inelastic?
What will be an ideal response?
Economics
Human capital refers to the:
A. Tools and equipment available to workers B. Amount of financing available to start-up firms C. Number of workers available in the economy D. Education, training, and skills of workers
Economics