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Which of the following is true about the supply of land? It    

Economics
JAMB 2025

Which of the following is true about the supply of land? It

 

 

  • A. varies with time
  • B. is higher in urban than rural areas
  • C. rises with demand
  • D. is fixed
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Correct Answer: Option D
Explanation

The supply of land is fixed. This is because land is a natural resource and its quantity cannot be increased or decreased by human
activities. It is not affected by demand, time or location.


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