Economy, asked by sameermuhammad1967, 1 year ago

Explain the Modern Theory of Rent.

Answers

Answered by shreya7843
2

hope you will be able to get the answer to the question

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Answered by Anonymous
5

Answer:

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Explanation:

According to modern theory, economic rent is a surplus which is not peculiar to land alone. It can be a part of income of labour, capital, entrepreneur. According to modern version rent is a surplus which arises due to difference between actual earning and transfer earning.

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