Multiple Choice
The quota rent is:
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.
Correct Answer:

Verified
Correct Answer:
Verified
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