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If a farmer rents the land he works on, then any price support or deficiency payments he receives ...

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If a farmer rents the land he works on, then any price support or deficiency payments he receives ...

If a farmer rents the land he works on, then any price support or deficiency payments he receives __________ capitalized into the value of that land, and so his economic profit from farming __________.

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are; goes to zero

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are; remains positive

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are not; goes to zero

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are not; remains positive

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Economics

Edition: 12^th

Author: Arnold

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edatay

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More solutions for this book are available here

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akempire Author

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11 months ago

Correct

jblazah

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Good timing, thanks!

Chaldoren

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Helped a lot

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