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

The rent going to landowners and the value of land would be maximized in a perfect market

environment, and rents would be fixed at the limit that any consumer could possibly pay as a

consequence, landowners and tenants could both be oblivious as to which area they inhabited,

because the cost of capital and rate of return on capital and tenants (Foldvary, Et al, 2017).

Step-by-step explanation

 If land rent is maximized, this means that: A parcel of land is generating maximum income for the

owner

The rent going to landowners and the value of land would be maximized in a perfect market

environment, and rents would be fixed at the limit that any consumer could possibly pay as a

consequence, landowners and tenants could both be oblivious as to which area they inhabited,

because the cost of capital and rate of return on capital and tenants (Foldvary, Et al, 2017).

Land rent is the specific component of the rental payments by all those who rent the assets to the

landlords which  means that the use of land is isolated from its possession. Landed property is

turned into a simple title, but it allows the owner of the land the ability to earn revenue from the

land that some maximize and the opportunity to extract payment from those who actually manage

the land (Schwerhoff, Et al, 2020).