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Rental price |
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Rental priceThe payment per unit time for the services of a unit of a factor of production, such as land or capital.Similar MatchesRental leaseRental leaseSee: Full-service lease Wage-rental ratioWage-rental ratioThe ratio of the wage of labor to the rental price of either capital or land, whichever is the other factor in a two-factor Heckscher-Ohlin model. The ratio plays a critical role in this model since it determines the ratios of factors employed in both industries. |
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