One example of Ricardian rent is a. rent paid to landlords under ...

[brutforce]

One example of Ricardian rent is
 a. rent paid to landlords under price controls.
  b. the difference between the wage of a star baseball player and what he could earn outside of baseball.
  c. the amount paid to a seller above the equilibrium price of tourist class tickets in order to receive higher quality seats in first class.
  d. the price rise of wool from a disease among sheep.

Question 2

Price controls
 a. are always popular with consumers because they lower prices.
  b. create shortages.
  c. increase producer surplus because firms can now sell a greater quantity of a good at a lower price.
  d. are necessary to preserve equity.

[peilian]

Answer to Question 1

b

Answer to Question 2

b

[brutforce]

TYSM

[epscape]

Excellent