Constant price in economic rent

Economic rent is: (1) determined by the supply side. (2) independent of the strength of demand. (3) received whenever owners receive a constant price for a resource that supply curve is upward sloping. (4) included in society's opportunity costs of production. (5) paid primarily to owners of apartments.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Microeconomics

Q : Long run adjustments The resources of a

The resources of a firm in the long run which has consistently suffered economic losses are probably to: (i) move into a more profitable industry. (ii) share losses equal to the firm’s fixed costs. (iii) be merged into a firm along with better m

Q : Operating in the short run The computer

The computer hard disk manufacturer can make a decision how many people to hire and how many supplies to purchase however can’t change the size of factory. This organization is: (1) Operating in short run. (2) Operating in long run. (3) Vertically integrated. (4

Q : Vertical Integration-Controlling

The firm is vertically integrated when it: (1) Consists of an internationally recognized brand name. (2) Promotes career staffs to executive positions rather than hiring the experienced outsiders. (3) Merges with another firm which sells unrelated products. (4) Monopo

Q : Effects of Moral Hazard When you pay a

When you pay a straight A student in advance to write your term-paper and that person spends money on the party and then decides not to do a fine job and hence you wind-up with an F for submitting sloppily written gibberish, you have just suffered since of: (i) Advers

Q : Differnt types of demand and supply i

i want to understand different market competitions using graphs and solving some problems

Q : Time Estimates for Individual

Time Estimates for Individual Activities: A) Weighted Average Activity Time, t = (a + 4m + b)/6B) Standard deviation of activity times, σt = (b-a)/6C) Standard d

Q : Occurrence of Adverse Selection When an

When an NFL football team obscures information regarding damage to a former all-pro linebacker’s knees prior to trading him to the other team, the team which receives that player loses since of: (1) Immoral hazard. (2) Malfeasance. (3) Perverse selection. (4) Ad

Discover Q & A

Leading Solution Library

Avail More Than 1441919 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954862
Asked

3,689

Active Tutors

1441919

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment