Exhibit 30-1

-Refer to Exhibit 30-1.Suppose the supply curve is S1and the price is A.Pure economic rent equals area
A) ABD.
B) EBA.
C) ODBC.
D) EBD.
E) none of the above
Correct Answer:
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A)price
A)When
A)Competing
A)is the result of economic rent seeking.
B)is
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