b. Suppose a land use regulation is equivalent (from the owners perspective) to a tax of t%

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b. Suppose a land use regulation is equivalent (from the owner’s perspective) to a tax of t% on land rents to be statutorily paid by landowners (where 0 , t , 1). How does it affect the market value of the land?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 05, 2024 10:01 AM

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b. Suppose a land use regulation is equivalent (from the owners perspective) to a tax of t%

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Microeconomics An Intuitive Approach With Calculus

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