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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #837131
Introduction to Economics 1 Deneme Sınavı Sorusu #837131
I. A piece of land is demanded more than agricultural production.
II. From society’s perspective, economic rent is a cost.
III. From a firm’s perspective, economic rent is a surplus payment.
What can be said true about the land market?
Only I |
Only II |
I and II |
I and III |
II and III |
Yanıt Açıklaması:
I. A piece of land is demanded more than agricultural production. (True)
II. From society’s perspective, economic rent is a cost. (False, From society’s perspective, economic rent is a surplus payment.)
III. From a firm’s perspective, (False, From a firm’s perspective, economic rent is a cost.)
The answer is A.
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