1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mario62 [17]
3 years ago
6

When using a supply-and-demand model to illustrate how land rents are set, economists typically draw the supply curve as a verti

cal line because: __________
a. the supply of land is fixed.
b. the supply of land is perfectly inelastic.
c. the quantity supplied of land does not increase when rents go up.
d. All of these are correct.
Business
1 answer:
aleksklad [387]3 years ago
6 0

Answer:

d. All of these are correct.

Explanation:

In the case when the supply and demand model is used so the rent of the land set, and the economist draw the supply curve in a vertical line as the land supply is in fixed in nature, also it is perfectly inelastic, the quantity supplied does not rise in the case when the rent increased

These all reasons should be there as it is correlated with the price and the amount of the land

Hence, the correct option is d.

You might be interested in
Suman said that, "she didn't understand the<br>direct and indirect speech<br>​
a_sh-v [17]

Explanation:

Indirect speech, also known as reported speech or indirect discourse (US), is a means of expressing the content of statements, questions or other utterances, without quoting them explicitly as is done in direct speech. For example, He said "I'm coming" is direct speech, whereas He said (that) he was coming is indirect speech. Indirect speech should not be confused with indirect speech acts.

6 0
3 years ago
Bianca's discount home furnishings store is in a strip mall. She wants to know what other businesses in the strip mall her custo
lora16 [44]

Answer:

observation

Explanation:

Based on the information provided within the question it can be said that in this scenario Bianca will most likely use observation. That is because the best way of gathering this information is to observe each customer as they walk out of the store and see which store they go into next. This information can be written down and reviewed later.

7 0
3 years ago
Read 2 more answers
IKEA sells a portable workbench called the FARTFULL. The product has many positive features, and in German or Swedish markets, t
USPshnik [31]

Answer:

the answer is D. language and cultural differences.

Explanation:

5 0
4 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

4 0
3 years ago
Alternative development means​
Nataly_w [17]
Alternative development means local development

You can search on google for more explanation
This would help you
4 0
3 years ago
Other questions:
  • Suppose that the marginal utility of good y is 2x2 and the marginal utility of good x is 4xy. what is the slope of the indiffere
    15·1 answer
  • Porter co. is analyzing two projects for the future. assume that only one project can be selected. project x project y cost of m
    9·1 answer
  • Which of the following is true of the federal income tax structure? A. The poor are required to pay a higher percentage of their
    9·1 answer
  • Willetta Company purchases inventory for $11,000 with terms 2/10, n/30. It then returns $2100 of the inventory purchased to the
    14·1 answer
  • 123x185 pleas help meeeeee!
    8·2 answers
  • Stephen plans to purchase a car 5 years from now. The car will cost $43,011 at that time. Assume that Stephen can earn 7.11 perc
    8·1 answer
  • You manage an equity fund with an expected risk premium of 10% and an expected standard deviation of 15%. The rate on Treasury b
    15·1 answer
  • Calculate the Net Revenue per Patient using the following information:
    15·1 answer
  • In a job shop, effective capacity is only 50% of design capacity, the actual output is 80% of effective output. What design capa
    5·1 answer
  • The cost of advertising is part of the firm's _______ costs and if advertising enables the firm to sell a greater output, its av
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!