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Use the economic way of thinking to complete the following statement: An entrepreneur who owns his o

Sublight2097

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8 years ago

Use the economic way of thinking to complete the following statement: An entrepreneur who owns his o

Use the economic way of thinking to complete the following statement: An entrepreneur who owns his own building
A) enjoys the building as a free good.
B) sacrifices rental income he could have been earned on the building.
C) enjoys lower costs than other entrepreneurs who choose to rent buildings from others.
D) enjoys larger economic profits compared to other entrepreneurs who choose to rent buildings from others.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

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Chimelo46

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Sublight2097 Author

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8 years ago

Another one in the books, marking it solved.

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Chimelo46

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8 years ago

The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face

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