Factors of Production Most Likely to Earn Positive Economic Rent

question 77

Multiple Choice

Factors of production most likely to earn positive economic rent are:

• A)real estate.
• B)uniquely talented individuals.
• C)fixed factors.
• D)factors that are subject to free entry.

---

Definitions:

Inhospitable

Referring to environments that are harsh, difficult to live in, or unwelcoming to human settlement or certain forms of life.

Insecticide

Chemical substances used to kill or manage the population of insects, often employed in agriculture, public health, and homes.

Aerial Spraying

The application of pesticides or other chemicals from aircraft to control pests and diseases in crops or to control mosquito populations.

Target Pests

Specific undesirable organisms that pest control measures aim to reduce or eliminate.