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When a worker earns more than the wage just sufficient to keep him in his job, the ...
Classroom
Economics Classroom
Jamb
Jamb 1999
National Income
The Circular Flow Of Income
More Topics
When a worker earns more than the wage just sufficient to keep him in his job, the excess income is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
An opportunity cost
B
An economic rent
C
Transfer earnings
D
Surplus value
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
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Block laying, bricklaying, and concreting work
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