Which statement is true? a) Only the owners of labor can earn an economic rent. b) Only

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Which statement is true?

a) Only the owners of labor can earn an economic rent.

b) Only the owners of land can earn an economic rent.

c) Both the owners of land and labor can earn an economic rent.

d) Neither the owners of land nor the owners of labor can earn an economic rent.

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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