(1)	(2)	(3)	(4)	(5)
Land Rent	Quantity Supplied	Quantity Demanded	Quantity Demanded	Quantity Demanded
$400	60	40	30	10
300	60	50	40	20
200	60	60	50	30
100	60	70	60	40
0	60	80	70	50

Refer to the table, in which the values for columns (2) through (5) are in acres. Positive land rent will occur if the relevant columns are

Multiple Choice

• (1), (2), and (3) only.

• (1), (2), and (3) and (1), (2), and (5).

• (1), (2), and (4) and (1), (2), and (5).

• (1), (2), and (3) and (1), (2), and (4).

Answer rating: 100% (QA)

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