![A factor of production, whose supply is fixed in the short run](https://www.gkseries.com/blog/wp-content/uploads/2022/09/A-factor-of-production-whose-supply-is-fixed-in-the-short-run.png)
Q. A factor of production, whose supply is fixed in the short run, may get additional earnings. These earnings are generally referred to as:
- Surplus value
- Quasi-rent
- Transfer earnings
- Supernormal profit
Answer: Quasi-rent
Q. A factor of production, whose supply is fixed in the short run, may get additional earnings. These earnings are generally referred to as:
Answer: Quasi-rent