The Reward to an Entrepreneur, as Such, Is Called by Economists

question 18

Multiple Choice

The reward to an entrepreneur, as such, is called by economists:

• A)windfall gain.
• B)rent.
• C)unearned increment.
• D)monopoly profit.
• E)profit.

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Definitions:

The Veil

A metaphor for the barrier or separation between different realities or perceptions, often in a cultural or racial context.

Symbolic Boundary

Conceptual distinctions made by social actors to categorize objects, people, practices, and even time and space, that help to separate and maintain social groups.

Social Darwinism

A theory applying Darwin's concept of natural selection to societal groups, suggesting that social hierarchies and competition are natural and beneficial.

Sociology of Knowledge

The study of the relationship between human thought and the social context within which it arises.