If the supply price of land is zero, including costs of transporting goods produced on the land to the market, then

Question

Quizplus · Accepted Answer

If the supply price of land is zero, including transportation costs, it implies that the land has no cost associated with its use or access to markets, leading to no basis for charging rent. Rent is typically charged based on the value or cost associated with land, so if these are zero, there would be no rent-yielding acres.

If the Supply Price of Land Is Zero, Including Costs