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Which of the following would increase the economic rent of a factor, the supply curve of which is ...

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Which of the following would increase the economic rent of a factor, the supply curve of which is ...

Which of the following would increase the economic rent of a factor, the supply curve of which is perfectly inelastic?

▸

an increase in quantity demanded

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a decrease in quantity demanded

▸

an increase in demand

▸

a decrease in demand

▸

none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

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