If a firm is initially producing at point E in the figure below and the rental price of land increases, then the firm, if it maintains output at the same level, will: 
Definitions:
Notes Payable
A formal written agreement in which one party agrees to pay another a specific sum of money, either on demand or at a determined future date.
Interest-Bearing Note
A debt instrument that pays interest to the holder until its maturity date.
Issuance of Note
The act of creating a promissory note by which a borrower agrees to pay back a lender according to set terms.
Discounted Note
A promissory note whose proceeds are less than its face value due to interest being deducted in advance.
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