Quasi-Rent

Quasi-Rent:

According to Marshall, ‘Quasi-rent is an income derived from machines and other appliances that is produced by man”.

There are certain machines and other man-made appliances (example, boats) whose supply might be inelastic in short run in relation to the demand for them. For illustration, when there is a big increase in demand for fish during a season, the demand for boats will raise. However you can’t raise their supply over night. Therefore they will earn some extra income over and over the normal income they get. This, Marshall terms Quasi-rent. Quasi-rent will vanish, whenever once the supply of boats rises.

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Marginal Productivity help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Marginal Productivity, project ideas and tutorials. We provide email based Marginal Productivity help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Marginal Productivity. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Marginal Productivity. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.