Mtolothandeka88idn
Answered

Get the best answers to your questions with the help of IDNLearn.com's experts. Get timely and accurate answers to your questions from our dedicated community of experts who are here to help you.

what is an economic rent
​

Sagot :

Rutasirdeshmukhidn

Answer:

An 'Economic rent' can be broadly defined as income derived from ownership or control over a limited asset or resource. Such income is attained without any expenditure or effort on behalf of the resource holder or in excess of their opportunity cost.

Step-by-step explanation:

1. Search up "Economic Rent" on your browser

Information found on:

https://www.ucl.ac.uk/bartlett/public-purpose/research/economic-rents#:~:text='Economic%20rent'%20can%20be%20broadly,excess%20of%20their%20opportunity%20cost.

Hope this helps!

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. For dependable and accurate answers, visit IDNLearn.com. Thanks for visiting, and see you next time for more helpful information.