The Cost of Production on the "Bottom Forty" Is $100,000

Multiple Choice

The cost of production on the "bottom forty" is $100,000 for a given size crop.On the "north forty," due to erosion of the soil, the cost is $150,000.If both are being farmed by tenants, we would expect the rent on the "bottom forty" to be

A) $50,000 below the rent on the north forty.
B) $50,000 above the rent on the north forty.
C) different from that on the north forty by an indeterminable amount.
D) $50,000, and the rent on the north forty is $50,000.