Which of the following is the best example of someone collecting an economic rent: a. A landlord
Question:
Which of the following is the best example of someone collecting an economic rent:
a. A landlord who rents an apartment at an amount just covering his or her cost.
b. A student who buys a ticket for $10 but would have paid $15.
c. An auto dealer who sells a car for $12,000 and would have taken
$10,000.
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