Order the answer to: Suppose that the supply curve for land is perfectly vertical.

Custom Writings business-economics Order the answer to: Suppose that the supply curve for land is perfectly vertical.

business-economics

Order the answer to: Suppose that the supply curve for land is perfectly vertical.

Question Suppose that the supply curve for land is perfectly vertical. a. True or False: Although the Fabians were wrong to argue that a 100% tax on land rents entails no social loss, it would be right to argue that a 99% tax on land rents entails no social loss. b. Would your answer change if it requires some effort for landlords to locate the highest bidder for their land?
Subject business-economics
Ready to try a high quality writing service? Get a discount here