[Solved] Refer to the Graph Above to Answer This Question

Question 53
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Refer to the graph above to answer this question.Which of the following statements is correct?


A)The supply of land is perfectly elastic.
B)The shift from D2 to D3 illustrates a decrease in demand.
C)D1,D2 and D3 are all perfectly inelastic demand curves.
D)The rent is demand-driven.
E)The supply of land is rent-driven.

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