A change in rent will be brought about by a change in
A) the supply of land.
B) the demand for land.
C) both the supply of and the demand for land.
D) neither the supply of nor the demand for land.
Correct Answer:
Verified
Q3: Economic rent is paid
A)only to landlords.
B)to resources
Q4: Which is not determined by supply and
Q5: The supply urban land
A)is fixed.
B)varies from time
Q9: In economics we say the amount of
Q12: Henry George thought that
A)landowners deserve the economic
Q13: Increases in rent are generally due to
A)rises
Q20: Profits are
A)less than 10% of national income.
B)a
Q21: The marginal revenue product schedule for land
Q23: Which statement is true?
A)Rent, but not the
Q40: Who said this? "Who is entitled to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents