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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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