Which of the Following Is False

question 18

Multiple Choice

Which of the following is false?

• A)The supply of land is fixed.
• B)When the demand for a plot of land rises,its supply will rise.
• C)Land is most efficiently used in cities.
• D)The rent on a particular piece of land is based on the MRP schedule of the highest bidder.

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Definitions:

Bargaining Power

The capability of one party in negotiations to influence the terms and conditions in their favor.

Cash Flow

The total amount of money being transferred into and out of a business, considered essential for maintaining operations and fulfilling financial commitments.

Time Frame

The period during which an event occurs or a condition exists.

Short-Term Debt

Financial obligations that are due for repayment within one year from the current date.