Who among the following economists are associated with the concept of Quasi rent ? I. A. Marshall II.…

The concept of Quasi-rent was introduced by Alfred Marshall (I) to describe the short-run surplus earned by man-made capital equipment and other factors whose supply is fixed in the short run (excess of total revenue over total variable costs), but elastic in the long run. - David Ricardo (III) propounded the classical theory of differential economic rent on land (whose supply is permanently fixed by nature). - Joan Robinson (II) developed the modern theory of economic rent in terms of transfer earnings (excess of actual earnings over transfer earnings for any factor in less-than-perfectly-elastic supply). Therefore, Only I (A. Marshall), which is is specifically associated with Quasi-rent.