Why do land cost tend to fluctuate in a free market

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Q. A factory adds a worker and subsequently discovers that the average product of its workers has risen. True or false: The marginal product of the new worker is less than the average product of the plant's workers before the new employee's arrival.

Q. why do land prices tend to fluctuate in a free market and why taxes on land are often regarded as preferable to taxes on other factors. 700 words

 

Reference no: EM1352560

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