The Difference Between Artificial Rents and Real Rents Is That

question 49

Multiple Choice

The difference between artificial rents and real rents is that

• A)artificial rents are contrived by government and real rents are not.
• B)real rents are usually bigger than artificial rents.
• C)artificial rents occur only if the supply curve for the good in question is perfectly inelastic.
• D)artificial rents are subject to rent seeking and real rents are not.

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