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The Figure Given Below Shows the Demand [D and D']

Question 3

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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.
-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.

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