I need the answer as soon as possible 58. Economic rent can accrue toA. O Land onlyB. O Capital onlyC. O Specialized technical personnelonlyD. O Any of the factors of production

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58. Economic rent can accrue to A. O Land only

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter18: Pricing The Factors Of Production

Section: Chapter Questions

Problem 7DQ

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Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.

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I need the answer as soon as possible

58. Economic rent can accrue to
A. O Land only
B. O Capital only
C. O Specialized technical personnel
only
D. O Any of the factors of production

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