Which statement is true?
A) As rents rise more marginal land is used.
B) As rents rise less marginal land is used.
C) Land is basically free.We pay rent for the buildings that are situated on the land.
D) None of the statements are true.
Correct Answer:
Verified
Q10: The main factor in determining how much
Q11: A higher rent _ lead to an
Q12: Henry George thought that
A)landowners deserve the economic
Q13: _ sees the entrepreneur as an exploiter
Q14: Increases in rent are generally due to
A)rises
Q16: Which statement is true?
A)The supply of loanable
Q17: A change in rent will be brought
Q18: Which statement is true?
A)Stores charge high prices
Q19: As the demand for land rises
A)rents rise
Q20: Profits are
A)less than 10% of national income.
B)a
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