q1 what is the definition of sanford gordon in, Business Economics

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q1 what is the definition of sanford gordon in

Q1. What is the definition of Sanford Gordon in economics?

Q2. What is the relationship among marginal product and marginal cost?

Q3. Assume 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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