Multiple Choice

In an agricultural region where tenant farmers work land owned by others, a new law is passed. This law grants landowners the right to claim 75% of the total crop harvested, leaving the tenant farmers with the remaining 25%. Previously, the share was more evenly split. From an economic perspective, what is the most probable impact of this new arrangement on the tenant farmers' incentive to maximize crop yield?

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Updated 2025-09-14

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