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Select the proper object type. __________ file("file.dat", ios::in | ios::out) ;
Economic Rent
A payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
Marginal Revenue Product
The additional revenue generated from using one more unit of a factor of production.
Wages
Payments made to employees for their labor, typically calculated on an hourly, daily, or piecework basis.
Economic Rent
The excess payment made to a factor of production over and above what would be needed to keep it in its current use.
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