Meaning Of The Word Economic rent
What's the definition of Economic rent? Find Economic rent meanings, definitions and more at the Real Dictionary online.
Economic rent Meaning
| Economic rent Definition |
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What's The Definition Of Economic rent?
economic rent in American English
noun: the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing or on a product in excess of what would have been the return except for some unique factor economic rent in British English noun: a payment to a factor of production (land, labour, or capital) in excess of that needed to keep it in its present use |
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