If global warming suddenly makes all land less productive, then the rent associated with cultivating this land should decrease.

Name: If global warming suddenly makes all land less productive, then the rent associated with cultivating this land should decrease.
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Question

Quizplus · Accepted Answer

If the land becomes less productive due to global warming, it will not be as desirable for agriculture and therefore the demand for renting the land will decrease. As a result, the rent associated with cultivating the land should decrease.

If Global Warming Suddenly Makes All Land Less Productive, Then