Changes in rent on a plot of land are chiefly due to
A) changes in demand.
B) changes in supply.
C) changes in both demand and supply.
D) changes in neither supply nor demand.
Correct Answer:
Verified
Q21: Economic rents
A)accrue only to land.
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Q25: All of the following would agree that
Q30: Which statement is true?
A)Frank Knight believed that
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A)The most important determinant
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A)is indistinguishable from
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