<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?
Because land isn't something we can just add in to the world, there is a fixed amount of supply available to us as a resource. When the supply becomes scarce, it is easy for the value of land to go up because if demand is high and there is a low amount the price can be higher since there is less competition of the same. </span>
<span>right to share in any remaining assets after creditors have been paid off, should the company cease operations. A residual claim is one benefit that common stock holders can receive. This claim takes effect once the company itself is liquidated. The assets that are left upon liquidation are divided evenly, and the common stock holders receive a proportional part of the assets at liquidation. Among this, common stock holders receive dividends.</span>
Answer:A) one year
Explanation: The unbiased expectations theory, also known as the expectation theory aims to estimate how much the short term interest rates will amount to in future. This is based on long term interest rates. Forward rates are used to predict the value of interests in the future based on the values calculated today. A maturity of 1 year has the lowest interest rate because it is not given enough time to grow. Interest rates tend to grow better over a longer period of time. Therefore in terms of expectation theory the longer the maturity the better the chances of interest rate growth.
Answer: where management expects the firm to operate.
Explanation:
Company planning is the duty of management and and they plan, they try to use a certain range of activity so that they can better predict how the company will go. That range is therefore the range that the management of the company expects the firm to operate.
When production actually starts, management will try to either keep to that range or exceed it so as to meet or exceed expectations. And even if they don't meet this expectation, they use this relevant range to compare to the actual range for performance evaluation.