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Question
A dedicated teacher loves being in the classroom and would teach for $40,000 per year, but he is actually paid $55,000 per year. This individual
A) receives economic rent of $20,000.
B) receives accounting profit of $20,000.
C) has an opportunity cost of $15,000.
D) receives economic rent of $15,000.
Answer
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Related questions
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Q:
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