Determinants of economic rent 

Determinants of economic rent 

 

  • The elasticity of supply of the factor.
  • The supply price of the factor.
  • The elasticity of demand for the factor.
  • The (degree of) substitutability of the factor.
  • The demand for the factor.
  • The supply of the factor.
  • Time period.
  • Specificity of the factor.
  • The productivity of the factor
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