Question: (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
| (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
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(1), (2), and (3) only.
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(1), (2), and (3) and (1), (2), and (5).
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(1), (2), and (4) and (1), (2), and (5).
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(1), (2), and (3) and (1), (2), and (4).
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