If the Supply Curve for Land Was a Vertical Line

question 316

Multiple Choice

If the supply curve for land was a vertical line, then any payment made for land would be considered

• A) as economic rent.
• B) as economic lease.
• C) as economic interest.
• D) as an opportunity lease payment.

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Definitions:

Marijuana User

An individual who consumes cannabis, a psychoactive drug from the Cannabis plant intended for medical or recreational use.

Champagne of Drugs

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Caviar Among Drugs

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Ethnic Group

refers to a community or population made up of people who share a common cultural background or descent, which can include traditions, language, and often a shared ancestry.