Solved

If Demand for Land Increases,the Rental Price ________ and the Equilibrium

Question 24

Multiple Choice

If demand for land increases,the rental price ________ and the equilibrium amount of land ________.


A) increases; falls
B) decreases; increases
C) increases; increases
D) decreases; stays the same
E) increases; stays the same

Correct Answer:

verifed

Verified

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

Related Questions