APPLICATION OF A DEFINITE INTEGRAL CALCULUS IN RENT CALCULATION

Ivan Milojević; Dalibor Krstić; Ivan Božović; Dragan Bataveljić

doi:10.59267/ekoPolj2402667M

Authors

Ivan Milojević Principal Research Fellow, Ministry of Defense, Republic of Serbia, Belgrade, Serbia https://orcid.org/0000-0003-3653-3477
Dalibor Krstić School of economics and manadment studies, Kragujevac, Republic of Serbia https://orcid.org/0000-0003-2286-112X
Ivan Božović University of Priština - Kosovska Mitrovica, Faculty of Economy, Kosovska Mitrovica, Republic of Serbia https://orcid.org/0000-0001-6400-7461
Dragan Bataveljić Faculty of Law University of Kragujevac https://orcid.org/0000-0001-7396-0705

DOI:

https://doi.org/10.59267/ekoPolj2402667M

Keywords:

definite integral, rent, method of calculation

Abstract

For land rent, it is characteristic that it arises as a consequence of capital investment in the purchase of land, which is not a production investment, because capital is not invested for the reason of organizing agricultural production, the main reason of investing capital is to acquire certain ownership of land areas. In this paper, we will present the possibility of solving the problem of rent calculations using the economic application of the definite integral. First, we will show if the integral calcusus is applied in the rent calculation and then in the domain of its calculation.

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