The Quota Rent Refers To

question 92

Essay

The quota rent refers to:
A.the difference between the demand price and the supply price at the quota limit.
B.the rent received by landlords who own rent-controlled apartments.
C.the opportunity cost of using a quota-controlled service or of buying a good that is subject to an import quota.
D.the minimum rent that the owner of a building must receive before he or she is willing to rent out the building.

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