As the Price of Land Decreases Along Its Demand Curve

question 50

Multiple Choice

As the price of land decreases along its demand curve, the relative price of land

• A) increases because the prices of other resources have also decreased.
• B) decreases because the prices of other resources have also decreased.
• C) increases because the prices of other resources have increased.
• D) decreases because the prices of other resources are held constant.
• E) remains constant because the prices of other resources also increase.

---

Definitions:

Phonemes

The tiniest sound parts in a language that serve to distinguish between words.

Discomfort

A mild form of physical or psychological pain that may result from a variety of causes, ranging from sitting in one position for too long to social embarrassment.

Connotation

The implied or associated meaning of a word or phrase, in contrast to its literal meaning, often influenced by cultural or personal factors.

Denotation

The literal, dictionary definition of a word, as opposed to its connotative or associated meanings.