How much households paid for giving entrepreneurial ability, Microeconomics

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How much households paid for giving entrepreneurial ability

Suppose that businesses buy a total of $170 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $88 billion in wages, $24 billion in rent, and $34 billion in interest, how much are households paid for providing entrepreneurial ability?

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Microeconomics: How much households paid for giving entrepreneurial ability

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Microeconomics: How much households paid for giving entrepreneurial ability

Reference No:- TGS042255

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : What income statement will include in compensation expense

Q : Types of foreign currency transactions

Q : After-tax cost of debt-cost of preferred stock?

Q : Issue of zero coupon bonds

Q : How much households paid for giving entrepreneurial ability

Q : Problem related to increase financial leverage

Q : Prepare journal entry to record the purchase of investment

Q : Use labeled demand and supply model for equilibrium price

Q : Determining the clean price

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How much households paid for giving entrepreneurial ability

Reference No:- TGS042255

Recent Questions Asked Microeconomics

Q : What income statement will include in compensation expense

Q : Types of foreign currency transactions

Q : After-tax cost of debt-cost of preferred stock?

Q : Issue of zero coupon bonds

Q : How much households paid for giving entrepreneurial ability

Q : Problem related to increase financial leverage

Q : Prepare journal entry to record the purchase of investment

Q : Use labeled demand and supply model for equilibrium price

Q : Determining the clean price

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