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Home Q & A Board Other Fields Homework Help Business Economics
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seraphel seraphel
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7 months ago

The perspective from which a factor is viewed matters in terms of determining if, and how much, economic rent it receives. Which of the following examples illustrates this?



▸

Smith currently earns $80,000 as an accountant. If he works as an accountant at another firm, he would earn $76,000.



▸

Jones currently earns $66,000 as an attorney for a large law firm. If he were to work instead at a small law firm, he would earn $55,000.



▸

Smith currently earns $80,000 as an accountant. If he works as an accountant at another firm, he would earn $78,000, but if he works at a job outside accounting, he would earn $60,000.



▸

Jones will pay Smith more to work for him than Brown will pay Smith to work for her.



▸

a and b

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Economics

Economics


Edition: 12th
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alexisgardner09alexisgardner09
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7 months ago
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seraphel Author
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7 months ago
Correct Slight Smile TY
bkrandy
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Thank you, thank you, thank you!
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