Question
Explain the difference between profit and economic rent.Why are the relatively lasting super profits arising from innovation often referred to as technical rents? According to
Explain the difference between "profit" and "economic rent".Why are the relatively lasting super profits arising from innovation often referred to as "technical rents?" According to the value theory, whatis the original source of these technical rents?
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
9th Edition
1260075117, 978-1260075113
