Answer: John 17 is the seventeenth chapter of the Gospel of John in the New Testament of the Christian Bible. It portrays a prayer of Jesus Christ addressed to His Father, placed in context immediately before His betrayal and crucifixion, the events which the gospel often refers to as His glorification.
Explanation:
<span>The currents would only travel north, south, east, and west
</span>
Explanation:
When you’re taking the test, your brain will not just try to recall the specific information you need for the answer, it will pull all of the information available to it, which includes memories of where you were studying when you learned the material.
Answer:
<h2>A factor of production will not earn economic rent when its supply is perfectly elastic.Hence,the answer here would be option C. or Perfectly Elastic.</h2>
Explanation:
- In Economics,economic rent is the additional revenue earned by the firm or any company from a certain constant supply of various factors resources or inputs of production.It is computed by taking the difference between the factor income or payment that the factor inputs actually receive and is supposed to receive under the factor market equilibrium conditions.
- One of the important pre-conditions of economic rent extraction is that concerned factors or inputs of production have to be perfectly inelastic or the supply of the factor inputs has to be completely unresponsive or non-reactive to the factor income or factor payments generated by these factors/inputs of production.
- In the case of perfectly elastic supply of the factors/inputs of production,any factor income or payment given to the factor inputs lower than what they are usually supposed to receive then the factor or input supply will be significantly or considerably reduced thereby limiting the ability of the firms or companies to generate any economic rent or additional revenue in the course of regular business operation.
