The possibility of earning economic rent is great if _________. a) the supply of a factor is

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The possibility of earning economic rent is great if _________.

a) the supply of a factor is very high relative to demand

b) the demand for a factor is very high relative to supply

c) both demand for a factor and supply of a factor are high

d) both demand for a factor and supply of a factor are low.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Mar 01, 2024 11:00 PM

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The possibility of earning economic rent is great if _________. a) the supply of a factor is

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Microeconomics

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