 |  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 ObjectivesIn 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. |
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