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There are three components that get paid in business. Labor, capital and rent. Rent is low in construction as it is not tied to a particular location; you stor
by boomchinolo78 3y ago
There are three components that get paid in business. Labor, capital and rent.
Rent is low in construction as it is not tied to a particular location; you store the machines and tools anywhere.
Increasing the supply of labor will just ensure that the providers of capital get to keep more of the profit.