Answer (Choose 1 answer)
Suppose the government designates certain areas within a community to be "wetlands," mal build on the land. What happens to land not classified as "wetlands" within the community?
The price of non-wetland land will rise.The marginal product of non-wetland land will fall.
(iii) The marginal product of non-wetland land will rise.
A. (i) and (ii) only
B. (ii) only
C. (i) and (iii) only
D. (iii) only
Exit 10
