If All Returns to a Resource Are in the Form

question 172

Multiple Choice

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

• A)the demand curve for that resource is horizontal.
• B)the demand curve for that resource is vertical.
• C)the supply curve of that resource is horizontal.
• D)the supply curve of that resource is vertical.
• E)the demand curve for that resource is upward sloping.

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Definitions:

Emotionally Committed

A state or condition in which an individual is deeply invested in an emotional sense, such as in a relationship or cause, leading to a strong sense of loyalty and dedication.

Disapprove

To have or express an unfavorable opinion about something or someone.

Mate Guarding

Efforts to prevent one’s sexual partner from mating with someone else in order to avoid the costs of rearing offspring that do not help to propagate one’s genes.

Propagate Genes

The process of passing genetic information from one generation to the next through reproduction.