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Exhibit 11.7 -Refer to Exhibit 11.7,which Shows the Demand and Supply Curves

Question 99

Multiple Choice

Exhibit 11.7
Exhibit 11.7 -Refer to Exhibit 11.7,which shows the demand and supply curves of a resource.The economic rent in equilibrium equals _____ A) $0. B) $10,000. C) $15,000. D) less than $15,000. E) between $0 and $15,000.
-Refer to Exhibit 11.7,which shows the demand and supply curves of a resource.The economic rent in equilibrium equals _____


A) $0.
B) $10,000.
C) $15,000.
D) less than $15,000.
E) between $0 and $15,000.

Correct Answer:

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