The Quantity Supplied of Land Is Constant Regardless of Price

question 71

Multiple Choice

The quantity supplied of land is constant regardless of price. Suppose a tax is imposed on the rental price of land. Who will pay the greater share of such a tax?

• A)The buyers will pay the entire share.
• B)The sellers will pay the entire share.
• C)The buyers and the sellers will pay equal shares.
• D)The buyers will bear the greater share of the tax.

---

Definitions:

Council for Accreditation

An organization that evaluates and certifies the quality and standards of institutions or programs in various industries.

Counseling and Related Educational Programs

Academic and professional training programs focusing on the development of skills and knowledge for providing guidance, support, and therapeutic interventions to individuals.

Leadership Roles

Positions or functions assumed by individuals within a group, organization, or society that guide, influence, or direct others.

Crisis and Disasters

Events or situations that cause significant disruption, harm, or distress, requiring immediate and effective response.