Economic rent is the payment for goods and services beyond an amount needed to bring the required factors of productions into a production process and sustain supply.
This is what causes people who does a clerk job earn a speck of the gargantuan fees paid to actors like Charlie Sheen (1.25 million per episode of Two and a Half Men before he got fired).
So we should strive to get that economic rent shouldn't we?
This is what causes people who does a clerk job earn a speck of the gargantuan fees paid to actors like Charlie Sheen (1.25 million per episode of Two and a Half Men before he got fired).
So we should strive to get that economic rent shouldn't we?
