In Case the supply of a factor of production is fixed , its entire income will be -----
A) Economic Rent
B) Marginal rent
C) Rent
D) Profit
Correct Answer:
Verified
Q3: Who gives a welfare definition of economics?
A)Adam
Q4: According to Ricardo, as an economy grows,
Q5: The type of equilibirium that deals with
Q6: Adam Smith begins with the Wealth of
Q7: The Classical theory did not provide any
Q9: According to Adam Smith , employers earned
Q10: According the law of diminishing returns:
A)The marginal
Q11: Communist Manifesto was authored by:
A)Stalin
B)Karl Marx
C)Laski
D)George Bernard
Q12: The book Principles of Economics was published
Q13: The main focus of Karl Marx's work
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