The Following Graph Shows the Demand and Supply Curves of a Resource

question 1

Multiple Choice

The following graph shows the demand and supply curves of a resource. The economic rent in equilibrium equals _____. ​
Figure 11.3
​

• A)$6
• B)$120
• C)$1,000
• D)$300
• E)$1,300

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Definitions:

Americans

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1970

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