Rent

From Conservapedia

Rent is a monthly charge by an owner for providing apartments, land or office space.

In theoretical economics rent is a concept introduced by David Ricardo and is the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate."[1]

References[edit]

  1. rent (English). Dictionary.com. Retrieved on 2007-09-30.

Categories: [Economics] [Factors and Methods of Production]


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