Skip to content
Question 30 of 38

Q.Quasi-rent arises in :

(a) Home-made items
(b) Imported items
(c) Man-made appliances
(d) None of these
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
79% · 30/38 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

Quasi-rent arises on man-made appliances (machines, equipment) in the short run, so the answer is option (c).

Quasi-rent is a concept given by Alfred Marshall. It is the surplus income earned in the short run by factors of production whose supply is fixed temporarily — chiefly man-made appliances such as machines, equipment and buildings. Because their supply cannot be increased in the short period, they earn a rent-like surplus when demand for their services is high.

…

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.