What is the quasi-rent

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Assume that you sign the contract and produce the politisaurs. After they are produced you can sell them to the Libertarian party, but they want the politisaurs modified so that the politisaurs are holding an American flag. This modification will cost an extra $100,000. The Libertarian party will pay $400,000. What is the quasi-rent?

Reference no: EM132667849

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