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Suppose the supply curve for a factor is perfectly elastic. In this case, the payments to the factor are Group of answer choices A) an

Suppose the supply curve for a factor is perfectly elastic. In this case, the payments to the factor are

Group of answer choices

A) an unnecessary tax on the factor.

B) wholly transfer earnings.

C) wholly economic rent.

D) partly economic rent and partly transfer earnings.

E) neither economic rent nor transfer earnings.

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