Q796
The rent earned by a factor of production is equal to
A.
This product can earn in the next best use
B.
The sum of this output accrues in its present use and what it can earn in its next best use
C.
His present earnings
D.
The difference between what this factor is currently earning and what this factor can obtain in its next best use
AnswerAnswer: Option D
Solution
Answer: Option D
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