Economic rents exist when a company matches the industry average in ordinary returns.

Name: Economic rents exist when a company matches the industry average in ordinary returns.
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Quizplus · Accepted Answer

Economic rents refer to profits or returns above the normal or average returns in a particular industry. Therefore, if a company only matches the industry average in returns, it would not be considered to have economic rents.

Economic Rents Exist When a Company Matches the Industry Average