Which statement is true? a) All land has the same economic value. b) The most important factor
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Which statement is true?
a) All land has the same economic value.
b) The most important factor affecting rent is location.
c) The economic value of a plot of land is determined exclusively by the raw materials it contains.
d) None of the above.
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The correct statement is b The most important factor affecting rent is location He...View the full answer
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