Land resources are compensated according to the:

Question

Quizplus · Accepted Answer

Land resources are compensated according to the value of the marginal product of land, which is the additional output produced by using one more unit of land. This takes into account the productivity of the land and the market demand for the output. The absolute level of production, number of workers supported by the land, and purchase price of the land stock may all be factors that influence the value of the marginal product of land, but they are not used directly to determine compensation for land resources.

Land Resources Are Compensated According to The