Question

Q2. What was called'rent'?​

Answer 1

Answer:

Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership.

Answer 2

it is a part of produce which is paid to the owner of land for the use of his goods and services.

rent refer to only make to payment for factor of production which are in imperfectly elastic supply .

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