An engineer receives $100 000 each year. The best alternative paid job she could obtain is a teaching position paying $60 000 a year. What are her transfer earnings and her economic rent?
- Atransfer earnings $60 000; economic rent zero
- Btransfer earnings $60 000; economic rent $40 000
- Ctransfer earnings $100 000; economic rent zero
- Dtransfer earnings $100 000; economic rent $40 000