Jeff just didn't get around to paying his ad valorem taxes. He didn't think it was important until a list of delinquent taxes was published in the local paper and he found his property address on the list. A tax certificate was issued to an investor for Jeff's property. How long does Jeff have to redeem his property by paying all taxes, costs, and interest to the county before the foreclosure process begins?

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?