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economic rent

The total amount of profit that could be earned from a fishery owned by an individual after subtracting input costs (usually capital and labor). Individual ownership maximizes economic rent, but an open-entry policy usually results in so many fishermen that profits higher than the opportunity cost are driven to zero.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Fishing
  • Category: Marine fishery
  • Organization: NOAA

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