EditedBean EditedBean

25-04-2022
Business

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The demand for land is:
A. perfectly elastic.
B. perfectly inelastic.
C. upsloping.
D. downsloping.

Respuesta :

20090874 20090874

25-04-2022

Answer:

D

Explanation:

The demand of land is downward sloping because of diminishing returns and because producers must lower the price of the product to sell additional units.

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Аноним Аноним

25-04-2022

Answer:

The answer is A. perfectly inelastic.

Explanation:

land is perfectly inelastic supply due to houses price increase and the land supply remains the same.

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