The Figure Given Below Shows the Demand [D and D']

question 43

Multiple Choice

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-Which of the following is true of earnings from land?

• A)An increase in economic rent leads to an increase in the supply of land.
• B)A decrease in transfer earnings from land leads to an increase in its demand.
• C)An increase in economic rent does not lead to an increase in the supply of land.
• D)A decrease in transfer earnings from land leads to a decrease in its supply.
• E)An increase in economic rent raises the elasticity of supply of land.

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