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Asked by Kathy

The marginal revenue product (MRP) of land declines as more land is brought into production because:

A.land is a "free and nonreproducible gift of nature."

B.of diminishing returns.

C.land rent has no incentive function.

D.the supply of land is fixed.
12 years ago

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Answered by Anonymous
vadsnmv adjv
11 years ago
Answered by Anonymous
land is a "free and nonreproducible gift of nature
10 years ago
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