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The quota rent is the: A. difference between the demand price and the supply price at the quota limit. B. minimum rent that the owner of a building must receive before he or she is willing to rent out the building. C. opportunity cost of using a quota-controlled service or of buying a good that is subject to an import quota. D. rent received by landlords who own rent-controlled apartments.

Respuesta :

Lanuel

Answer:

A. difference between the demand price and the supply price at the quota limit.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

A quota rent can be defined as the economic rent that is typically being received by the owner of the imported goods subjected to quota.

The quota rent is the difference between the demand price and the supply price at the quota limit.

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