In economics, what is any payment of production in excess to the cost needed to bring that factor into production? a.Investment b.Rental c.Minimal Wage d.Tax
In economics, what is any payment of production in excess to the cost needed to bring that factor into production? a.Investment b.Rental c.Minimal Wage d.Tax
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Costs And The Supply Of Goods
Section: Chapter Questions
Problem 1CQ
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In economics, what is any payment of production in excess to the cost needed to bring that factor into production?
a.Investment
b.Rental
c.Minimal Wage
d.Tax
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