Which of the Following Resource Payments Is Considered by Economists

question 112

Multiple Choice

Which of the following resource payments is considered by economists as surplus payments?

• A)wages for labor
• B)rent for land
• C)interest for capital
• D)profits for entrepreneurship

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Definitions:

Peer-to-peer Network

A decentralized network architecture where each participant (peer) shares part of their resources to benefit the network without the need for central coordination.

Specialized Software

Software designed to address specific needs of particular industries, professions, or applications, distinguishing it from general-purpose software.

High-speed Internet

Internet service that provides significantly faster download and upload speeds when compared to the traditional dial-up connection.

Network Type

Classification of computer networks based on their size, connectivity, and purpose, such as LAN, WAN, or MAN.