The income of a resource whose supply is fixed is entirely economic rent.

Name: The income of a resource whose supply is fixed is entirely economic rent.
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Economic rent refers to the income earned by a factor of production (such as land, mineral deposits, or other natural resources) above its opportunity cost. In the case of a fixed supply resource, there is no opportunity cost associated with its use, and therefore all income earned from its use is considered economic rent.

The Income of a Resource Whose Supply Is Fixed Is