Use the Information in the Following Table to Answer the Subsequent

question 26

Multiple Choice

Use the information in the following table to answer the subsequent questions:
$\begin{array}{|l|c|c|}\hline \underline{ Industry } & \frac{\text { Local }}{\underline{ Employment }} & \frac{\text { National }}{\underline{ Employment }} \\\\\hline \text { State \& Federal Government } & 50,000 & 10,000,000 \\\hline \text { Legal Services } & 13,000 & 2,000,000 \\\hline \begin{array}{l}\text { Computer Manufacturing \& } \\\text { Repair }\end{array} & 4,000 & 2,500,000 \\\hline \text { Total All Employment } & 200,000& 120,000,000 \\\hline\end{array}$
-Suppose the most productive use of a particular site is as a manufacturing plant that will generate revenues of $12,000,000 per year with raw material costs and operating expenses other than net rent) of $7,000,000 per year, and construction costs for the plant and equipment) that can be paid for with a perpetual loan with interest of $3,000,000 per year. According to the residual theory, how much is this site worth in terms of annual land rent?

• A) $20,000,000.
• B) $12,000,000.
• C) $10,000,000.
• D) $2,000,000.

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Definitions:

Deferred Imitation

The ability to replicate an action or behavior after a delay, indicating a form of memory and cognitive development.

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be observed (seen, heard, touched, smelled, or sensed in any way).

Walking Independently

Refers to the ability of an individual to walk without assistance from others or the use of mobility aids.

Reminder Sessions

are designed appointments or periods set to review or reinforce previously learned information or skills.