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financial transmission right (FTR) is similar to PTR in appearance (it specifies the source, destination, and power in MW), but does not reserve the line yet instead provides its holder with a payout that is equal to the difference in the price of electricity between the source and the destination (form of a congestion rent). The funds for the ...
This model is the urban equivalent of von Thünen's rural land use model in that both are based upon locational rent. The main assumption is that in a free market the highest bidder will obtain the use of the land. The highest bidder is likely to be the one who can obtain the maximum profit from that site and so can pay the highest rent.
Taking this one stage further, the clue word can hint at the word or words to be abbreviated rather than giving the word itself. For example: "About" for C or CA (for "circa"), or RE. "Say" for EG, used to mean "for example". More obscure clue words of this variety include: "Model" for T, referring to the Model T.
If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1275 ahead. Let's start with a few hints.
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Economic rent is viewed as unearned revenue [2] while economic profit is a narrower term describing surplus income earned by choosing between risk-adjusted alternatives. Unlike economic profit, economic rent cannot be theoretically eliminated by competition because any actions the recipient of the income may take such as improving the object to ...
Railway in Germany.. While others should get some credit for earlier work (e.g., Richard Cantillon, Etienne Bonnot de Condillac, David Hume, Sir James D. Steuart, and David Ricardo), it was not until the publication of Johann Heinrich von Thünen's first volume of Der Isolierte Staat in 1826 that location theory can be said to have really gotten underway.
Indianapolis made NAR's list because of strong job growth and housing affordability. Nearly 42% of the housing stock is priced below $236,000, with the average home value at $223,261.