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To say that land rent performs no incentive function means that Question 11 options: A) higher rental payments won't bring forth a larger quantity of
To say that land rent performs no incentive function means that Question 11 options: A) higher rental payments won't bring forth a larger quantity of land. B) rent isn't a cost to specific firms, but it is a cost from the standpoint of the economy as a whole. C) rent tends to allocate land into the most productive uses. D) rent doesn't allocate land in terms of productive efficiency
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