Which Statement Is False

question 83

Multiple Choice

Which statement is false?

• A)The most important determinant of the value of an acre of land is its location.
• B)The supply of land is virtually fixed.
• C)Land is not a resource;only the minerals that are found under it are resources.
• D)A firm's demand for land is its marginal revenue product schedule for land.
• E)None of the statements is false.

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Definitions:

Sparklines Group

A feature in Microsoft Excel that allows users to create small, word-sized charts within cells to visually represent data trends.

Insert Tab

A section in software applications, typically found in a ribbon or toolbar, that provides quick access to tools for adding various elements like images, tables, or charts to documents.

Data Labels

Textual identifiers that provide additional information about a data point in a chart or graph.

Chart Elements

The individual components that make up a chart, such as the title, legend, axes, data series, and labels.