question archive If land rent is maximized, this means that: A parcel of land is generating maximum income for the owner A parcel of land is being used in a sustainable way A parcel of land is generating maximum net benefits for society None of the above

If land rent is maximized, this means that: A parcel of land is generating maximum income for the owner A parcel of land is being used in a sustainable way A parcel of land is generating maximum net benefits for society None of the above

Subject:EconomicsPrice:2.86 Bought3

If land rent is maximized, this means that:

A parcel of land is generating maximum income for the owner

A parcel of land is being used in a sustainable way

A parcel of land is generating maximum net benefits for society

None of the above

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A parcel of land is generating maximum income for the owner

Step-by-step explanation

Land rent is the income received by the owner after either renting out land or a certain building on the land, or a resource found on the land such as a mineral resource. Maximization of the land rent means the owner gets a high income after utilizing all the available space.