If All Returns to a Resource Are in the Form

question 86

Multiple Choice

If all returns to a resource are in the form of economic rent,_____

• A)the price of that resource is determined exclusively by supply.
• B)the price of that resource is determined exclusively by demand.
• C)the equilibrium quantity of that resource is zero.
• D)the equilibrium price of that resource is determined by government.
• E)the equilibrium price of that resource is zero.

---

Definitions:

Deposited

The act of placing money or another form of value into an account or repository.

Endorsement

The act of signing one's name on the back of a check or other negotiable instrument, which allows it to be transferred or cashed.

Payees

Individuals or entities to whom money is payable, often seen in the context of checks or promissory notes.

Negotiation

The process of discussing and arriving at a mutual agreement between parties, often involving compromise or conciliation.