Q1: if land is unlimited in supply, will there be no scarcity rents? True or false Q2:
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Q1: if land is unlimited in supply, will there be no scarcity rents? True or false
Q2: with flow if annual rents of 50,000 and a discount rate of 2% what is the present value of land if you can own the land in perpetuity?
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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