Economic rent and the market for land Consider the market for land in rural Tuscany, the surrounding countryside in central Italy, as compared to the market for land in downtown Florence, a vibrant urban area with hundreds of years of rich history. Because the supply of land in rural Tuscany is , buyers in rural Tuscany pay for use of the land. The rental price of land is much lower in rural Tuscany than in more densely populated areas like downtown Florence. One possible explanation for this rent difference is that highly productive land is in low . Some entrepreneurs decide to build parking lots in downtown Florence. The supply curve for land to be used for parking lots is .

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains. the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available. two-thirds of the work related to $15,000 of cash received in advance was performed this period. the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired. wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08