What does it mean to say that land rent is price determined, not price determining?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:54 AM

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What does it mean to say that land rent is price determined, not price determining?

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It means that landowners have no control over t...View the full answer

Economics

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