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Exhibit 29-4 ​

Question 22

Multiple Choice

Exhibit 29-4
​
Exhibit 29-4 ​ -Refer to Exhibit 29-4. If a per acre tax, T, is imposed on land use, the pure economic rent on land will A) increase. B) decrease. C) not be affected. D) None of the above, because pure economic rent does not apply to land.
-Refer to Exhibit 29-4. If a per acre tax, T, is imposed on land use, the pure economic rent on land will


A) increase.
B) decrease.
C) not be affected.
D) None of the above, because pure economic rent does not apply to land.

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