Home » Economics » If a person receives a higher wage than would be necessary to induce him to…If a person receives a higher wage than would be necessary to induce him to… If a person receives a higher wage than would be necessary to induce him to work, he is said to be receiving A. rent B. profit C. interest D. surtax income Correct Answer: Option D Explanation Related Posts Choice is necessary because resources The population level that yields the maximum output when combined with available resources is known… The main objective of setting up private businesses is to An increase in the circulation of money without a corresponding increase in output will lead… Price control can be defined as the fixing by Government of maximum or minimum price… The most threatening problem for the less developed countries is?
