Economic rent a. applies as a concept to land. b. is the payment to a resource in
Question:
Economic rent
a. applies as a concept to land.
b. is the payment to a resource in excess of its opportunity cost.
c. will increase when the demand for input increases, if supply is perfectly inelastic.
d. does all of the preceding.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions: 1. Monopsony power will not be reduced, a. The lower are search costs. b. The lower are movement costs. c. The more potential employers there are in an area. d. By any of...
-
Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
Discuss the primary sources of nonverbal communication.
-
The biosynthetic pathway shown in Figure 26.10 was developed with the aid of isotopic labeling experiments. Which carbon atoms of cholesterol would you expect to be labeled when acetate enriched with...
-
A common trick for opening a stubborn lid on a jar is to run very hot water over the lid for a short time. Explain how this helps to loosen the lid. Role
-
Find all real solutions \(x\) of the equation \(x^{1 / 2}-(2-2 x)^{1 / 2}=1\).
-
Why are inventories valued at the lower-of-cost-or-market? What are the arguments against the use of the LCM method of valuing inventories?
-
Use a 0.01 significance level to test the claim that blue enhances performance on a creative task. What are the null and alternative hypotheses? A. Upper H 0: mu 1equalsmu 2 Upper H 1: mu 1not...
-
At low levels of interest, borrowers will want to borrow ___ and suppliers of funds will want to supply ___. a. more; less b. less; more c. more; more d. less; less
-
An increase in the demand for land will a. increase the price of land and increase the quantity of land supplied. b. increase the price of land but not change the quantity of land supplied. c....
-
Dr. Young bought $18 000 worth of equipment from Medical Supply Company. The purchase agreement requires equal payments every six months for eight years. If the first payment is due two years after...
-
The local utility company charges ABC Company at a mixed cost utility rate: an annual fee plus a variable cost for each kilowatt of power the company uses. Utility usage and costs are as follows:...
-
Aztec Company sells its product for $160 per unit. Its actual and budgeted sales follow. Sales units Sales dollars May (Actual) June (Budget) July (Budget) August (Budget) 2,400 $ 384,000 5,000 $...
-
Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Unit Direct materials (plastic) Direct labor...
-
Discuss five database management challenges in cloud environment and the proposed techniques to overcome them five. ?
-
Marvel Parts, Incorporated, manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost...
-
Use Thevenins theorem to find V0 in the circuit shown. Vo067
-
a) Show that (a, b) := {{a}, {b}} does not satisfy the ordered pair axiom. b) Determine whether each of the following statements is true or false. (Give a reason in each case): (i) {a, b} C (a, b)....
-
Impacts of Globalization, Global =More Risks and Rewards There are both 6 attributes to consider under RISK, what are they? 1. 2. 3. 4. 5. 6. There are 6 attributes to consider under REWARDS, what...
-
For this multiple regression model: Lottery = 11.906 - 0.430Education + 0.029Age + 0.093Children - 0.074Income if the Adjusted R Squared is 40.96% what does this mean
-
Refer to Data Table B, in which you entered rate constants. In the spaces below, enter your rate constants, in Mis-1, Do not include units. 49 0.0032 49 0.0034 49 0.0038 40 0.0034 40 0.0038 What is...
Study smarter with the SolutionInn App