Join Examsbook
Answer : 3. "Quasi-Rent "
The Surplus earned by a factor other thus land in the short period is referred as –
5Q:
The Surplus earned by a factor other thus land in the short period is referred as –
- 1Economic Rentfalse
- 2Net Rentfalse
- 3Quasi-Renttrue
- 4Super-Normal Rentfalse
- Show AnswerHide Answer
- Workspace
Answer : 3. "Quasi-Rent "
Explanation :
Explain: -The Surplus earned by a factor other than land in the short period is referred as quasi-rent.