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Economic rent is

rventurec

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7 months ago

Economic rent is

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the payment a renter pays his or her landlord.

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payment in excess of fixed costs.

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payment in excess of opportunity costs.

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the same as interest if we are discussing a capital good purchase.

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none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

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owenuton

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7 months ago

More solutions for this book are available here

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rventurec Author

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7 months ago

This site is awesome

Tim0301

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Good timing, thanks!

Alina01978

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2 hours ago

Correct

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