Economic rent, or pure rent, is Group of answer choices a payment made for the use of housing, factory buildings, or capital goods. a payment for resources used in the production of "free goods." a payment for the use of those resources whose supply is perfectly elastic. the price paid for the use of land and other nonreproducible resources.

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.