=+8. As the owner of a family farm whose wealth is $250,000, you must choose between sitting

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=+8. As the owner of a family farm whose wealth is

$250,000, you must choose between sitting this season out and investing last year’s earnings ($200,000)

in a safe money market fund paying 5.0 percent or

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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