Why is rent earned by land even in the long run?

Related MCQs

• According to Modern Theory of Rent, rent accrues to -
• Surplus earned by a factor other than land in the short period of referred to as-
• In the long-run equilibrium, a competitive firm earns -
• The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as
• The process of converting short term to long term debt by the sale of long term securities and using the funds raised to pay off short-term debt is called:
• Quasi rent is a              phenomenon.
• Rent is a factor payment paid to -
• Any factor of production can earn economic-rent, when its supply will be -
• Economic rent refers to -
• Imputed gross rent of owner-occupied buildings is a part of -