ekonomik kira

Turkish - English

Definition of ekonomik kira in Turkish English dictionary

(Ticaret) economic rent

the amount of recompense paid to a factor of production on top of its transfer earnings; this does not encompass costs incurred during the process of production or service

(Ekonomi) In economics supernormal profit, also called economic rent, abnormal profit or pure profit or excess profits, is a profit exceeding the normal profit. Normal profit equals the opportunity cost of labour and capital, while supernormal profit is the amount exceeds the normal return from these input factors in production

the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions

Hyphenation

e·ko·no·mik ki·ra