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Economic rents |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.12 sec. |
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Economic rents Profits in excess of the competitive level. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| For example, Congress has conferred upon the secretary of agriculture the authority to issue so-called agricultural marketing orders, which restrict supply, drive up prices, and thus create economic rents for producer cartels. As a result, opportunities to take advantage of temporary economic rents in previously protected segments have attracted numerous actual and potential entrants. Its main impact is on the redistribution of economic rents through the allocation of inputs and outputs at below-market prices. |
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Economic rents
