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Posted by on Monday, December 10, 2012 at 5:10pm.

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.

  • Economics - , Sunday, April 27, 2014 at 9:19pm

    vadsnmv adjv

  • Economics - , Saturday, June 27, 2015 at 3:46pm

    land is a "free and nonreproducible gift of nature

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