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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 to an Owner of a Resource in Excess
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A Payment to an Owner of a Resource in Excess

Question 328

Question 328

Multiple Choice

A payment to an owner of a resource in excess of its opportunity cost is know as


A) real wages.
B) economic rent.
C) financial interest.
D) accounting profits.

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