How is it possible for a particular payment for factor units to be a cost from the

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How is it possible for a particular payment for factor units to be a cost from the standpoint of the firm but a rent (in the broad sense of the term) from the standpoint of the economy as a whole?

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Intermediate Microeconomics

ISBN: 9780155414969

1st Edition

Authors: Robert W. Clower, Philip E. Graves

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