Supply of land: Q = 100 (ha of land). Agricultural land demand: Q = 100 - р. Non-agricultural land demand: Q = 50 - р, where p is the price of land in thousand rubles per 1 ha. Determine: 1) the price of the land, if the owner decides to sell the plot; 2) an annual fee for the lease of land, if the bank interest rate is 10% per annum; 3) land rent, if the annual depreciation is 0.5 thousand rubles, and the invested capital is 10 thousand rubles.
Supply of land: Q = 100 (ha of land). Agricultural land demand: Q = 100 - р. Non-agricultural land demand: Q = 50 - р, where p is the price of land in thousand rubles per 1 ha. Determine: 1) the price of the land, if the owner decides to sell the plot; 2) an annual fee for the lease of land, if the bank interest rate is 10% per annum; 3) land rent, if the annual depreciation is 0.5 thousand rubles, and the invested capital is 10 thousand rubles.
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Your Question:
Supply of land: Q = 100 (ha of land). Agricultural land demand: Q = 100 - р. Non-agricultural land demand: Q = 50 - р, where p is the price of land in thousand rubles per 1 ha.
Determine:
1) the price of the land, if the owner decides to sell the plot;
2) an annual fee for the lease of land, if the bank interest rate is 10% per annum;
3) land rent, if the annual depreciation is 0.5 thousand rubles, and the invested capital is 10 thousand rubles.
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