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Which Statement Is False

Question 83

Multiple Choice

Which statement is false?


A) The most important determinant of the value of an acre of land is its location.
B) The supply of land is virtually fixed.
C) Land is not a resource;only the minerals that are found under it are resources.
D) A firm's demand for land is its marginal revenue product schedule for land.
E) None of the statements is false.

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