Which of the Following Is Correct

question 210

Multiple Choice

Which of the following is correct?

• A) Although land has no production cost from society's viewpoint, rental payments are costs to individual producers.
• B) Land rent is not a cost to either society or individual producers.
• C) Although land rent is a cost from society's viewpoint, it is not a cost to individual producers.
• D) Land rent is a cost to both society and individual producers.

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Definitions:

Prejudice

Preconceived opinion or bias against an individual or group without just grounds or before obtaining adequate knowledge.

Direct Foreign Investment

Investments made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Global Corporations

Global corporations are large businesses that operate and provide their products or services across multiple countries, influencing global trade and economy.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, such as a new project or any other business activity.