Owners of buildings can expect to collect ____ economic rent in the long run.
A)much
B)marginal
C)a competitive
D)little or no

Question

Quizplus · Accepted Answer

In the long run, economic rent tends to be competed away, meaning that landlords are unable to collect any additional rent beyond what is necessary to cover their costs of production. Therefore, owners can expect to collect little or no economic rent in the long run.

Owners of Buildings Can Expect to Collect ____ Economic Rent