Geography glossary

ECONOMIC RENT

economic rent: translation

also known as locational rent, the profit to be derived from land. Proposed by von Thunen, it is calculated by subtracting the costs of production and transport of a unit of produce from the market price for that unit and multiplying by the total yield for the area of land in question.

  1. economic rent—economic rent translationthe total amount of profit that could be earned from a fishery owned by an individual. Individual ownership maximizes profit but an open entry po...Dictionary of ichthyology
  2. economic rent—Economic Rent translationThe amount of money an owner of a factor of production must receive in order for that owner to rent out that factor of production. Factors of pro...Investment dictionary
  3. economic rent—Дифференциальная рента...Англо-русский словарь по экономике
  4. economic rent—эк. экономическая рента разница между денежной оплатой фактора производства и минимальным вознаграждением необходимым для сохранения этого фактора в данной сфере использо...Англо-русский экономический словарь
  5. economic rent—економчна рента...Англо-украинский бизнес словарь