Multiple Choice
Which of the following is not a result of the theory of land rent?
A) Capital invested on any plot of land must yield the same return as capital invested on any other plot of land.
B) The difference between the costs of producing on any two pieces of land must equal the difference between their rents.
C) Marginal land earns no rent.
D) Productive land earns more rent than marginal land, which earns more rent than nonproductive land.
Correct Answer:

Verified
Correct Answer:
Verified
Q154: The marginal productivity principle demonstrates that distribution
Q155: In general, the quantity of savings supplied
Q156: Which of the following is not true
Q157: Usury laws are designed to ensure that
Q158: Consider four parcels of peanut growing land.The
Q160: A ptomaine poisoning scare causes a decrease
Q161: The one feature of capital that makes
Q162: MRP represents what the marginal physical product
Q163: Usury laws carry the potential of hurting<br>A)borrowers.<br>B)lenders.<br>C)borrowers
Q164: A tax on accounting profits in an