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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 35
Which statement is true?
A) All land has the same economic value.
B) The most important factor affecting rent is location.
C) The economic value of a plot of land is determined exclusively by the raw materials it contains.
D) None of these statements is true.
A) All land has the same economic value.
B) The most important factor affecting rent is location.
C) The economic value of a plot of land is determined exclusively by the raw materials it contains.
D) None of these statements is true.
Explanation
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The location of a property is one of the...
Microeconomics 9th Edition by Stephen Slavin
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