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the payment for the right to use land

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8y ago

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How land can earn economic rent and quasi rent using diagrams?

dnt anything i just want assistance from you


Scholars is associated with the economic theory of rent?

Thomas Robert Malthus


Why do people support rent control?

Rent control is a program where the landlord is prohibiting from raising the rent. Some advantages of rent control is that it ensures affordable housing, and retains economic and social diversity.


Is it more economic to rent a calculator or buy one?

This is a very good question but one that can be very easily answered. It is more economic to BUY a calculator because it will cost you more in the long run to rent one.


What factors contribute to the decrease in rent prices?

Factors that contribute to the decrease in rent prices include oversupply of rental properties, economic downturns leading to decreased demand, and government policies that limit rent increases.


How do you calculate economic occupancy for a apartment complex?

Total net income divided by gross potential rent


How much does the average American spend on rent?

The average can greatly differ based on location and economic conditions.


What has the author Ivan Timofeevich Beliaev written?

Ivan Timofeevich Beliaev has written: 'Differentsial'naia renta v SSSR' -- subject(s): Agriculture, Economic aspects, Economic aspects of Agriculture, Rent (Economic aspects)


Is economic rent fixed in total supply?

Land is completely fixed in total supply. No matter how high the rent, no more can be brought into use. Thus rent serves no incentive function; the same amount of land will be available no matter how high the rent. But the resulting argument that rent is a surplus that could be eliminated without reducing the supply is to look at it from the viewpoint of society only.


Do apartments ever lower rent for tenants?

Yes, apartments may lower rent for tenants in certain circumstances, such as during economic downturns, to attract new tenants, or to retain current tenants.


What factors do economists consider to be economic resources?

Generally, economic resource (reward): Land (rent); Labour (wages); Capital (interest); Entrepreneurship (profit). Combined with management and economic risk taking and specific needs of the market give output.


HOw do I find assistance with bills and rent, being a single mother of 3. ?

Check with your Dept of Economic security or your local salvation army