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emily8694 emily8694
wrote...
Posts: 332
5 years ago
A dedicated professor loves being in the classroom and would teach for $70,000 per year, but he is actually paid $80,000 per year. This individual
A) receives economic rent of $150,000.
B) has an opportunity cost of $80,000.
C) has an opportunity cost of $70,000.
D) receives economic rent of $10,000.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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5 years ago
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emily8694 Author
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5 years ago
Such an awesome helper!
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