Demonstrate graphically how the price of land is determined. (LO17W-1) a. Show the effect of a tax

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Demonstrate graphically how the price of land is determined. (LO17W-1)

a. Show the effect of a tax on that land.

b. Explain why that tax won’t cause the price of land to rise.

c. Based on this analysis, would you support more extensive use of land and property taxes in the United States? Why?

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Introduction To Information Systems

ISBN: 9781118674369

5th Edition

Authors: R. Kelly Rainer, Brad Prince, Casey G. Cegielski

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