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    Economics Today Study Set 1
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    Exam 21: Rents, Profits, and the Financial Environment of Business
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    A Payment for the Use of Any Resource Over and Above
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A Payment for the Use of Any Resource Over and Above

Question 275

Question 275

Multiple Choice

A payment for the use of any resource over and above its opportunity cost is called


A) accounting profit.
B) economic profit.
C) normal cost.
D) economic rent.

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