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I have been getting no where in looking these up...I would appreciate it if someone could kindly help me on these 2 problems....Thanks much :) 1. The "quota rent" refers to __________. a) the difference between the demand price and the supply price at the quota limit. b) the rent received by...

Explain the impact on the market for surfboards in Southern California -- Suppose the shark feedings did have a material and negative effect on demand - What would happen to the price of surfboards as a result of the curve shift??? Can someone please help me on this? I would really appreciate...

Describe some of the opportunity costs when you decide to do the following: a) Attend college instead of taking a job. b) Watch a movie instead of studying for an exam. c) Ride the bus instead of driving your car. Thanks! I been looking these up for almost 2 days now and I am getting exhausted...