The supply of land is perfectly inelastic so a tax on land rent is ______. A. Efficient
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The supply of land is perfectly inelastic so a tax on land rent is ______.
A. Efficient and the landowner pays all of the tax
B. Inefficient because the renter pays all of the tax
C. Inefficient if the tax is too high
D. Efficient and the renter pays all of the tax
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A Efficient and the landowner pays all of the tax A tax on land rent is a tax on the income that a l...View the full answer
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