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  1. Dictionary
    Ec·o·nom·ic rent
    /ˌekəˈnämik/

    noun

    • 1. the extra amount earned by a resource (e.g., land, capital, or labor) by virtue of its present use.

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  3. www.investopedia.com › terms › eEconomic Rent: Definition, Types, How It Works, and Example

    Sep 1, 2023 · Economic rent is the amount of money earned that exceeds the economically or socially necessary level. It can arise from market imperfections, scarcity, information asymmetries, or monopoly power. Learn more about the causes, forms, and examples of economic rent.

  4. en.wikipedia.org › wiki › Economic_rentEconomic rent - Wikipedia

    In classical economics, economic rent is any payment made (including imputed value) or benefit received for non-produced inputs such as location ( land) and for assets formed by creating official privilege over natural opportunities (e.g., patents ).

  5. corporatefinanceinstitute.com › economic-rentEconomic Rent - Definition, Types, Formula, How It Works

    Economic rent is the difference between the marginal product and opportunity cost of a factor of production. Learn how to calculate economic rent, how it relates to salaries and wages, and how it affects profit maximization.

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  7. www.economicshelp.org › microessays › economic-rentEconomic Rent and Transfer Earnings - Economics Help

    Nov 28, 2017 · Economic rent is the extra income a worker receives above the minimum level they need to work. It is the area between the supply curve and the wage rate. Transfer earnings are the minimum income a worker needs to supply their labour. The web page explains the definition, examples and diagrams of economic rent and transfer earnings with A-level revision guide.

  8. www.wallstreetmojo.com › economic-rentEconomic Rent - Definition, Formula and Examples - WallStreetMojo

    Jan 25, 2024 · Economic rent is the excess payment to the owner of a factor of production over the necessary cost of using it in the production process. Learn how to calculate economic rent, its types, and its difference from profit with examples and FAQs.

  9. livewell.com › finance › economic-rent-definitionEconomic Rent: Definition, Types, How It Works, And Example

    Nov 16, 2023 · Economic rent is the income or payment earned from an asset or resource that exceeds its opportunity cost. Learn about the four types of economic rent (land, intellectual property, resource, and debt) and see a real-world example of professional athletes.

  10. investinganswers.com › dictionary › eEconomic Rent Definition & Example | InvestingAnswers

    Oct 1, 2019 · Economic rent is the minimum amount of money that an owner of land, labor or capital must receive in order to let someone else use that land, labor or capital. How Does Economic Rent Work? For example, your economic rent is the amount of money that makes you get out of bed in the morning.

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