Solved

An Economic Rent Can Be Created by a Common Property

Question 59

Multiple Choice

An economic rent can be created by a common property without any admission fee


A) only if people have identical tastes.
B) if people's tastes differ,but the rent will still be sub-optimal.
C) if people's tastes differ,in which case the rent will be optimal.
D) if people's tastes differ,in which case the rent will be more than optimal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions