Transfer payment by excesses income

A person’s wage income into excess of which that would be received by accepting the next best optional use of his or her talents is: (1) an economic rent. (2) a transfer payment. (3) an interest premium. (4) a salary bonus. (5) nominal wages.

Hey friends please give your opinion for the problem of Economics that is given above.

View Complete Question

Related Questions in Microeconomics

Q : Relatively price elastic when supply

Even though a drought decreases supply from S1 to S0, at each point along both of such supply curves, the supply of tanks of dehydrated water: (i) perfectly price elastic. (ii) relatively price elastic. (iii) unitarily price elastic. (iv) relativ

Q : Responding higher prices for heating

Can someone help me in finding out the right answer from the given options. Canadians would ultimately be likely to respond to higher prices for heating oil and natural gas through (i) Turning up their electric blankets and insulating their houses more carefully. (ii)

Q : Determine total costs by

Hey guys I need your idea for this query regarding the total costs as illustrated graph that this profit-maximizing pure competitor’s total cost (TC) equals area as: (w) 0Phq2. (x) 0bgq2. (y) 0aeq1. (z) daef.

Q : Individual firm in purely competitive

In a purely competitive industry, the individual firm: (i) can raise the quantity demanded by lowering the price of its product. (ii) experiences substantial economies of scale. (iii) faces a completely inelastic demand curve. (iv) cannot influence th

Q : Techniques of how to produce Techniques

Techniques of how to produce?: Broadly, there are two main methods of production. (i) Labour intensive Technique: Under this method, production depends mostly on the

Q : Who made decisions Economists suppose

Economists suppose that nearly all decisions are made by: (i) At the margin. (ii) On the average. (iii) Based on totals. (iv) All of the above. Please someone suggest me the right answer.

Q : Natural barrier to entry in monopolizes

The Diamante Corporation is vast and owns the world’s merely red diamond mine. Thus diamante monopolizes the market for red diamonds, and this is protected by competition by a: (1) regulatory barrier to entry. (2) strategic barrier to entry. (3) natural barrier

Q : Higher interest rate in current

For current consumption growing preferences over future consumption would be evidenced from a: (w) higher interest rate. (x) more quick rate of investment. (y) larger government budget surplus. (z) surplus into the balance of trade.

Q : Problem on Yellow Dog Contracts Now the

Now the illegal labor market practice of signing the yellow dog contracts includes requiring: (1) Nonunion workers to pay the union dues as the condition of employment. (2) Job applicants to sign the agreements not to join unions previous to hiring them. (3) Unions to

Q : Pure competition for quantity adjustment

The only industrial structure in that all firms are pure quantity-adjusting price takers is: (1) impure oligopoly. (2) pure monopoly. (3) pure or perfect competition. (4) monopolistic competition. (5) pure oligopoly.

Discover Q & A

Leading Solution Library

Avail More Than 1415141 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1955538
Asked

3,689

Active Tutors

1415141

Questions
Answered

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

Submit Assignment