Rent
The term rent is used for that payment which is made regularly for a fixed period for the use of the services of the goods. E.g. house, shop, furniture,
SMZ Industrial Park 1 United Automobile Technologies Co., Ltd.
CBSMS Theory on rent and wages
MICROECONOMICS: Theory & Applications Chapter 17 Wages, Rent, Interest, and Profit By Edgar K. Browning & Mark A. Zupan John Wiley & Sons, Inc. 9 th Edition,
1 Market for Resources other than Labor. 2 What Resources? You may recall that the basic economic resources in an economy are land, labor, capital and.
Chapter 22 Rents, Profits, and the Financial Environment of Business.
Chapter 5 The Firm: Production and Cost. Copyright © 2008 Pearson Addison Wesley. All rights reserved. 22-2 Economic Rent A payment for the use of any.
Market for Resources other than Labor
