Under a system of private property, could a 60-year-old owner of a tree farm benefit by planting and caring for a crop of douglas firs, most of which will not be ready to harvest for 50 years?
a. no, the farmer will be dead before the crop will be ready for harvest.
b. yes, the farmer will benefit from increased valuation of the land as the trees grow and the harvest moves closer.
c. no, the value of the land will decline since the farmer is taking it out of production for the next 50 years.
d. yes, but only if the project is subsidized by the government or private conservation groups.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.