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Exhibit 30-4 -Refer to Exhibit 30-4.If a Per Acre Tax,T,is Imposed on Acre

Question 183

Multiple Choice

Exhibit 30-4
Exhibit 30-4    -Refer to Exhibit 30-4.If a per acre tax,T,is imposed on land use,the pure economic rent on land will A)  increase. B)  decrease. C)  not be affected. D)  None of the above, because pure economic rent does not apply to land.
-Refer to Exhibit 30-4.If a per acre tax,T,is imposed on land use,the pure economic rent on land will


A) increase.
B) decrease.
C) not be affected.
D) None of the above, because pure economic rent does not apply to land.

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