3 ms·
It is natural, the profits being held are just an (eventual) consequence of it. It reflects a minimum of total rent (econ definition, not financial definition)
by darksaints 4y ago
It is natural, the profits being held are just an (eventual) consequence of it. It reflects a minimum of total rent (econ definition, not financial definition) for both parties, which is an ideal state that is sought for efficiency.