All of the payment to a factor of production will be economic rent when the factor of production has:
A) an infinitely inelastic supply curve.
B) an infinitely elastic supply curve.
C) a constant, unit elastic supply curve.
D) an infinitely inelastic demand curve.
A
Economics
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Most countries tend to follow only one price index to measure the price level in an economy because all prices rise or fall at the same time or by the same amount
a. True b. False Indicate whether the statement is true or false
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Some economists believe that corporate bailouts are bad for the economy because they ________________ gains and they _____________ the costs, which ultimately lead to _____________ companies needing to be bailed out
A) privatize; socialize; fewer B) socialize; privatize; fewer C) privatize; socialize; more D) socialize; privatize; more
Economics