Economic rent
A) is always positive.
B) is driven towards zero.
C) can never be zero.
D) can never be negative.
E) can be positive,zero,or negative.

Name: Economic rent A) is always positive. B) is driven towards zero. C) can never be zero. D) can never be negative. E) can be positive,zero,or negative.
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Question

Quizplus · Accepted Answer

Economic rent is the payment to a factor of production in excess of what is needed to keep it in its current use, and it cannot be negative because it represents a surplus over the opportunity cost.

Economic Rent