How much households paid-providing entrepreneurial ability, Microeconomics

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How much households paid-providing entrepreneurial ability

Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest, how much are households paid for providing entrepreneurial ability?

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Microeconomics: How much households paid-providing entrepreneurial ability

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Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Find equilibrium price and quantity for oil in united states

Q : How reduction in supply from reduced fishing waters increase

Q : How many units would have to be sold in june

Q : How does theory of efficient production apply to manager

Q : How much households paid-providing entrepreneurial ability

Q : Which company is doing a better job

Q : Ace adjustments for each of the three years

Q : What are the tax consequences to terry

Q : Find largest total surplus that can be achieved

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How much households paid-providing entrepreneurial ability

Reference No:- TGS048435

Recent Questions Asked Microeconomics

Q : Find equilibrium price and quantity for oil in united states

Q : How reduction in supply from reduced fishing waters increase

Q : How many units would have to be sold in june

Q : How does theory of efficient production apply to manager

Q : How much households paid-providing entrepreneurial ability

Q : Which company is doing a better job

Q : Ace adjustments for each of the three years

Q : What are the tax consequences to terry

Q : Find largest total surplus that can be achieved

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