Question

what is the meaning of quasi rent?

Answer 1

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The answer is:-

✨Quasirent is a term in economics that describes temporary rent like returns to a supplier/owner. Quasi-rent differs from pure economic rent in that it is a temporary phenomenon.✨

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Answer 2

Hii Friend here is ur answer

Quasi-rent is a term in economics that describes certain types of returns to firms. Quasi-rent differs from pure economic rent in that it is a temporary phenomenon. ...Quasi-rent refers to that additional income which is similar to rent. According to Ricardo, rent arises on account of fixed supply of land.

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