The Rental Price of Land Is the

Multiple Choice

The rental price of land is the

A) cost of leasing a piece of land for a determined time period.
B) amount of money required to buy a piece of land.
C) entire bill associated with maintaining land used in production.
D) amount of money a firm could have made by using the land for another purpose.
E) amount of money a firm pays to build a plant on a piece of land.