Multiple Choice
If a college president earns $120,000 a year, but would have taken the job for $100,000 a year, the president's wage-related rent is
A) $220,000
B) $120,000
C) $100,000
D) $20,000
E) $0
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q152: The loanable funds market is in equilibrium
Q153: When the supply of land is upward
Q154: The addition to total output when one
Q155: An increase in the supply of loanable
Q156: The federal government's support of farm prices
Q158: Profit is a guaranteed return to the
Q159: Which of the following would shift the
Q160: If a firm's MRP of capital >
Q161: As interest rates increase, the quantity of
Q162: Which of the following is not a