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 .

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr