Demand and Supply MCQs

Economic rent can accrue to

September 27, 2022

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Economic rent can accrue to

Q. Economic rent can accrue to:

A. Land only

B. Capital only

C. Specialised technical personnel only

D. Any of the factors of production

Answer: Any of the factors of production

Economic rent can accrue to

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Under monophony in the labour market, the supply curve of labour facing the firm will be

Economic rent can accrue to

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In the context of the firm as a whole, quasi-rent is defined as the excess of the total receipts over the total

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