Multiple Choice
Suppose Jon Stewart of the "Daily Show" makes an annual income of $2,000,000. If he quit his television job and went into producing he could make $400,000 per year. Jon Stewart's annual economic rent to labor is
A) $1,400,000.
B) $2,000,000.
C) $400,000.
D) $1,600,000.
Correct Answer:
Verified
Correct Answer:
Verified
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