Tag Archives | Principles of Land Use

This article throws light upon the ten important principles governing land use. Some of the principles are: 1. The Principle of Maximization 2. The Equimarginal Principles 3. The Principle of Diminishing Marginal Rate of Substitution 4. The Principle of Diminishing Marginal Productivity 5. The Principle of Specialization and Comparative Advantage 6. The Principle of First […]