Asked by Camilo Uriza on Jun 18, 2024

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As the demand for land rises

A) rents rise and more marginal land comes into use.
B) rents fall and more marginal land comes into use.
C) rents rise and more land becomes marginal.
D) rents fall and more land becomes marginal.

Demand for Land

The desire for land ownership, driven by potential uses such as agriculture, residential, commercial, or industrial development.

Marginal Land

Refers to land that is of limited agricultural productivity due to adverse natural conditions such as aridity or steep terrain.

  • Acquire knowledge on the elements affecting changes in lease costs and land appraisal.
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BY
Bruce YeungJun 23, 2024
Final Answer :
A
Explanation :
When the demand for land rises, rents will also rise as the available land becomes scarcer. As a result, marginal land that was previously not profitable to use may become economically feasible to use as the increased rent justifies investing in the land. Therefore, more marginal land will come into use to satisfy the demand for land.