Economic rent
A surplus paid to any factor of production over its supply price. Economic rent is the difference between what a factor of production is earning (its return) and what it would need to be earning to keep it in its present use.
Economic rents
Profits in excess of the competitive level.
Related Terms: ...
economic rent
in economics, the cost commanded by a factor that is unique or inelastic in supply.
ECONOMIC RENT - Currently referred to as market rent, it is the rental income that real estate can comm...
ECONOMIC RENTS - Profits in excess of the competitive level.
Economic Rent. The gain to a producer or resource owner resulting from a trade barrier or other restriction of supply that leads to a higher price than otherwise would occur.
Economic Rent
The amount of rent a property commands in the open market.
Economic Value
Worth of property based on the relevant economic factors.
Economic rent A payment for the use of any resource over and above its opportunity cost.
Economic system The institutional means through which resources are used to satisfy human wants.
economic rent the price of something that has a fixed supply. (13)
economic variable any economic measure that can vary over a range of values. (1) ...
ECONOMIC RENT: The difference between the payment received by a resource owner and the opportunity cost of the resource. This is the payment received by a resource owner over and above the minimum needed to produce a good.
Economic Rent
by John J Neilson
The amount of money received by the owner of a production factor for having rented out the same is known as economic rent. The production factors may include labor, capital and land.
Economic Rent
The amount of money an owner of a factor of production must receive in order for that owner to rent out that factor of production. Factors of production include labor, capital and land.
Economic rent
See rent.
Economic sanction
The use of an economic policy as a sanction.
Economic union ...
economic rent The rent a real estate property would generate if leased. economic risk In financing a project, the risk that the project's output will not generate...
Economic rent [r]: The difference between the payment received by a factor of production and the payment that would be necessary to keep that factor in use: a measure of that factor's market power. [e] ...
The second, also known as economic rent, is a measure of MARKET POWER: the difference between what a FACTOR OF PRODUCTION is paid and how much it would need to be paid to remain in its current use.
' The vast majority of economists believe that economic rents do serve a useful purpose. Most important, they allocate goods to their highest-valued use.
Abbreviated expression for the specialized economists' term economic rent, ...
The most effective advocate of the single tax was Henry , who held that economic rent tends to enrich the owner at the expense of the community and is thus the cause of poverty; ...
charging economic rent for assets, particularly property. If a business uses a 20-year old property which it owns, depreciation on a historical cost basis might be insignificant.
Definition: Short-term economic rent arising from a temporary inelasticity of supply
Related glossary term:
Rent ...
The order quantity that minimizes total inventory costs.
Economic rents
Profits in excess of the competitive level.
Economic risk ...
For example, higher mortgage interest payments would be an extra expenditure for many people. However, strictly speaking, they represent economic rents (transfers of wealth) rather than payments for services, ...
Principles of Political Economy and Taxation, Ricardo laid out the foundations for the principles of a market economy. He also described the guiding concepts behind economic theories such as the law of diminishing returns, and economic rent.
 See also: Economic rents, Economic risk, Keynesian, Dependence, Barriers
  
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