The Quota Rent Is The

Multiple Choice

The quota rent is the:

A) difference between the demand price and the supply price at the quota limit.
B) rent received by landlords who own rent-controlled apartments.
C) opportunity cost of using a quota-controlled service or of buying a good that is subject to an import quota.
D) minimum rent that the owner of a building must receive before he or she is willing to rent out the building.