Multiple Choice
The charge for the use of the summit of Mt.Everest by a snow cone company (allowing that the sale of snow cones is the only activity the summit is useful for) is an example of:
A) external economies.
B) pure economic rents.
C) backward-bending supply.
D) the law of diminishing returns.
E) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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