menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 8: Application: the Costs of Taxation
  5. Question
    Since the Amount of Land Is Fixed, the Total Supply
Solved

Since the Amount of Land Is Fixed, the Total Supply

Question 90

Question 90

Multiple Choice

Since the amount of land is fixed, the total supply of land is:


A) relatively elastic
B) perfectly elastic
C) perfectly inelastic
D) relatively inelastic

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Often,the tax revenue collected by the government

Q72: A tax places a wedge between the

Q85: Graph 8-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 8-1

Q86: Graph 8-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 8-2

Q87: Sachin has agreed to mow his sister

Q91: Taxes cause inefficiencies only when government revenue

Q92: Economists disagree on the issue of how

Q93: The benefit received by the government from

Q95: When a tax is levied on a

Q203: Because taxes distort incentives, they cause markets

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines