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Question
George is debating whether to concentrate on playing professional football or professional baseball. He is offered $6 million a year to play baseball and $7 million a year to play football. If he chooses to play football,
A) the economic rent in his salary is $7 million.
B) the economic rent in his salary is $6 million.
C) the economic rent in his salary is $1 million.
D) the economic rent in his salary is $13 million.
Answer
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Related questions
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