The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2
![The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2 -Which of the following is true of earnings from land? A) An increase in economic rent leads to an increase in the supply of land. B) A decrease in transfer earnings from land leads to an increase in its demand. C) An increase in economic rent does not lead to an increase in the supply of land. D) A decrease in transfer earnings from land leads to a decrease in its supply. E) An increase in economic rent raises the elasticity of supply of land.](https://d2lvgg3v3hfg70.cloudfront.net/TB1748/11ea8882_6257_abde_8903_c563ff971d3a_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00_TB1748_00.jpg)
-Which of the following is true of earnings from land?
A) An increase in economic rent leads to an increase in the supply of land.
B) A decrease in transfer earnings from land leads to an increase in its demand.
C) An increase in economic rent does not lead to an increase in the supply of land.
D) A decrease in transfer earnings from land leads to a decrease in its supply.
E) An increase in economic rent raises the elasticity of supply of land.
Correct Answer:
Verified
Q1: The figure given below shows the demand
Q2: The figure given below shows the demand
Q4: The figure given below represents an imperfectly
Q5: The figure given below shows the demand
Q6: The figure given below represents an imperfectly
Q7: The figure given below shows the demand
Q8: The figure given below shows the demand
Q9: The figure given below shows the demand
Q10: The figure given below represents an imperfectly
Q11: The figure given below represents an imperfectly
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