June 12, 2004

Fun Question

This was one of the questions on one of my sample online quizzes for Microeconomics:

Why is it that farmland is more likely to be converted to residential housing near urban areas?

a. Because developable land is scarce near urban areas, and eventually becomes more valuable than as farmland.
b. Because urban people don't like food.
c. Because rural people don't like housing.
d. None of the above.

Posted by Vengeful Cynic at June 12, 2004 01:36 PM | TrackBack