If Land Is Reallocated or Switched from Agricultural Use to Recreational

question 416

Multiple Choice

If land is reallocated or switched from agricultural use to recreational use, then it is likely that

• A) food is not as important as recreation.
• B) the demand for food is less today than in previous decades.
• C) land earns a higher rent in recreational use than in agricultural use.
• D) the demand curve for land in the agricultural industry is shifting to the right.