Enter the total economic rent ($) and the quantity of goods imported into the calculator to determine the Quota Rent.

## Quota Rent Formula

The following formula is used to calculate the Quota Rent.

QR = ER * Q

- Where QR is the Quota Rent ($)
- ER is the total economic rent ($)
- Q is the quantity of goods imported

To calculate the quota rent, multiply the economic rent by the quantity of goods imported.

## How to Calculate Quota Rent?

The following example problems outline how to calculate Quota Rent.

**Example Problem #1:**

- First, determine the total economic rent ($). In this example, the total economic rent ($) is given as 150.
- Next, determine the quantity of goods imported. For this problem, the quantity of goods imported is given as 10.
- Finally, calculate the Quota Rent using the equation above:

QR = ER * Q

The values given above are inserted into the equation below:

QR = 150 * 10 = 1,500 ($)

**Example Problem #2: **

The variables needed for this problem are provided below:

total economic rent ($) = 160

quantity of goods imported = 20

Entering these values and solving gives:

QR = 160 * 20 = 3,200 ($)