The theory of land rent holds that
A) capital invested on any plot of land must yield the same return as capital invested on any other plot of land.
B) the difference between the costs of producing on any two pieces of land must equal the difference between their rents.
C) marginal land earns no rent.
D) All of the above are correct.
Correct Answer:
Verified
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A)all
A)quality of soil.
B)topography.
C)proximity
A)often entails large opportunity costs.
B)prevents waste
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