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The division of resource earnings between opportunity costsand economic rent dep

ID: 1254578 • Letter: T

Question

The division of resource earnings between opportunity costsand economic rent depends on a. the demand for the resource b. nonmonetary aspects of the job c. the resource owners's elasticity of supply d. the elasticity of supply of the good produced e. A and C The division of resource earnings between opportunity costsand economic rent depends on a. the demand for the resource b. nonmonetary aspects of the job c. the resource owners's elasticity of supply d. the elasticity of supply of the good produced e. A and C

Explanation / Answer

d.  the elasticity of supply of the good produced

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