Kizspy Question: 6
(Choose 1 answer)
Suppose the government designates certain areas within a community to be "wetlands," making it illegal to
build on the land. What happens to land not classified as "wetlands" within the community?
(i)
(ii)
(iii)
පිපිටි
The price of non-wetland land will rise.
The marginal product of non-wetland land will fall.
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