Ricardian Theory of Rent in Hindi

This video discusses about the Ricardian Theory of Rent. It will be advisable if you watch the generally oligopoly before this video.
Cournot Model of Oligopoly in Hindi
• Cournot Model of Oligo...
Bertrand Duopoly Model
• Bertrand Duopoly Model...
Nash Equilibrium
• Nash Equilibrium in Hindi
Chamberlin Model of Oligopoly
• Chamberlin Model of Ol...
Edgeworth Oligopoly Model
• Edgeworth Duopoly Mode...
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Ricardian fertility based rent is a great implementarion.

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[@debashisbanerjee9133]

Sir first of all thanks for this great explanation. I have a question about this. Is it that the producer earns rent in short run only when the price of the product increases due to increase in demand?

[@DrNavedClasses]

Thanks a lot. If you study it keeping in mind that it is a kind of producer surplus then the meaning may be easy to understand. According to the theory over and above value of land is consider to be rent and of course it increases when demand increases.

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Sir what about intensive and extensive cultivation?

[@bijaysahoo7486]

Sir, please correct me if I am wrong. 'Transfer Payment' means the minimum rewards required to keep factors of production such as labour, land in its current occupation. In Recardian Rent, there is no Payment Transfer to keep the land for the same use. Hence corn will determine the price.

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SIR, I ask the question about this theory - Difference b/w Rent in Intensive cultivation And rent in Extensive cultivation?

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Sir from whose perspective we are seeing rent.Land owner or the one who uses the land for production. Rent cant be surplus for the person who is using someones elses land for production

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