The characteristic that makes economic rent distinct from wages, interest, and profit is that it is makes
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The characteristic that makes economic rent distinct from wages, interest, and profit is that it is makes the supply of the resource increase if its rent rises. payment for a resource that is completely fixed in total supply. always expressed in dollars, never in percent. fixed by annual or monthly contracts. Explain.
Related Book For
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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