Multiple Choice
If the price of land is zero,
A) the supply of land is a horizontal line
B) rent is zero and land is a free good
C) the MRP curve is positively sloped
D) land rents are positive
E) demand for land is relatively high
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: Entrepreneurs, if successful, earn<br>A) rent<br>B) profit<br>C) wages<br>D)
Q18: The difference between what a productive resource
Q19: If the annual return on a property
Q20: How does the value of land change
Q21: Mary is a homemaker while husband Jack
Q23: If Sam's $800 earns him a 6
Q24: The combined effect on the loanable funds
Q25: Karl Marx's view of income derived from
Q26: If a country's population increases while the
Q27: Maurice Richard loves to play hockey. He