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Which of the Following Best Describes the Rental Price of Land

Question 137

Multiple Choice
Which of the following best describes the rental price of land

Which of the following best describes the rental price of land


A) the price paid for ownership of the land
B) the price paid to use the land over a specified time period
C) the opportunity cost of the land for alternative uses
D) the market price of the land for the rental period

Correct Answer:

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