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The primary difference between "Absolute rent" and "Differential rent" is that
Group of answer choices
Differential rent arises with the power of the landlords colluding to charge higher rent.
Differential rent in Marx's theory is the same as absolute rent in Ricardo's theory
Absolute rent is paid in terms of physical output while differential rent is in terms of money.
Differential rent arises with differences in the quality/fertility of the land

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The primary difference between Absolute rent and Differe.pdf

  • 1. The primary difference between "Absolute rent" and "Differential rent" is that Group of answer choices Differential rent arises with the power of the landlords colluding to charge higher rent. Differential rent in Marx's theory is the same as absolute rent in Ricardo's theory Absolute rent is paid in terms of physical output while differential rent is in terms of money. Differential rent arises with differences in the quality/fertility of the land