Definitions
There is 1 meaning of the phrase
Economic Rent.
Economic Rent - as a noun
The return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
Synonyms (Exact Relations)
rent4Example Sentences
"The high demand for beachfront properties has led to an increase in economic rent for coastal landowners."
"The government imposed a tax on economic rent to redistribute wealth and reduce income inequality."
"The economic rent from the oil and gas industry has greatly benefited the country's economy."
"Some argue that economic rent distorts market prices and hinders fair competition."
"Landlords often earn economic rent from the scarcity of available rental properties in densely populated areas."
