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.
2 answers
vadsnmv adjv
land is a "free and nonreproducible gift of nature
1 answer