The Cost of Production on the "Bottom Forty" Is $100,000

question 47

Multiple Choice

The cost of production on the "bottom forty" is $100,000 for a given size crop.On the "north forty," due to erosion of the soil, the cost is $150,000.If both are being farmed by tenants, we would expect the rent on the "bottom forty" to be

• A)$50,000 below the rent on the north forty.
• B)$50,000 above the rent on the north forty.
• C)different from that on the north forty by an indeterminable amount.
• D)$50,000, and the rent on the north forty is $50,000.

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Definitions:

Glomerulus

A cluster of capillaries in the kidneys that filters blood, initiating the process of urine formation.

Distal Convoluted

Pertains to the part of the nephron in the kidney farther from the renal corpuscle, involved in the reabsorption of water, sodium, and chloride.

Loop Of Henle

The portion of the renal tubule that curves back toward the renal corpuscle and twists again to become the distal convoluted tubule.

Renal Corpuscle

The initial filtering component of the nephron in the kidney, where blood plasma is filtered through the capillary walls of the glomerulus into the Bowman's capsule.