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Under what circumstances will the economic rent earned by a factor of production always be zero?

Satsume

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Under what circumstances will the economic rent earned by a factor of production always be zero?

Under what circumstances will the economic rent earned by a factor of production always be zero?
A) Infinitely inelastic supply curve
B) Infinitely elastic supply curve
C) Somewhat inelastic supply curve
D) Elastic demand curve

Textbook

Microeconomics

Microeconomics

Edition: 8^th

Author: Pindyck

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oracledarren

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