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Microeconomics, 9th Canadian Edition
Microeconomics, 9/e
Campbell R. McConnell, University of Nebraska, Lincoln
Stanley R. Brue, Pacific Lutheran University
Thomas P. Barbiero, Ryerson Polytechnic University

Rent, Interest, and Profits

Chapter Objectives

In this chapter you will learn:

How the price of land is determined.

How the interest rate is determined.

What economic profit is, and how profits, along with losses, allocates resources among alternative uses in an economy.

What the share of income going to each of the factors of production is in Canada.




McGraw-Hill/Ryerson