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JohnCena494 JohnCena494
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A year ago
Suppose Harrison Ford makes 2 movies per year and earns $10 million per movie. Suppose that if he weren't making movies, his next best alternative would be to earn $500 000 per year endorsing shampoo. By making movies, Harrison Ford

▸ is earning economic rent of $20 000 000 per year.

▸ is earning economic rent of $19 500 000 per year.

▸ is earning economic rent of $20 500 000 per year.

▸ is not earning economic rent.

▸ is earning economic rent of $500 000 per year.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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daoneandonly300daoneandonly300
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A year ago
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JohnCena494 Author
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A year ago
This site is awesome
SupremeDJ
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Yesterday
Smart ... Thanks!
SupremeDJ
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2 hours ago
Good timing, thanks!
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