WAEC - Economics (2018 - No. 10)
which of the following is true about supply of land?
its higher in the urban than rural areas
varies with time
rises with demand
is fixed
הֶסבֵּר
Fixed supply: The total land area of earth (in the sense of the surface area available to men) is fixed. First, supply of land is fixed or inelastic from society's point of view.