Suppose you have inherited a few acres of land from a, Microeconomics

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Suppose you have inherited a few acres of land from a

Problem

Suppose you have inherited a few acres of land from a relative and you are considering what to do with your inheritance. A farmer with land next to yours offers to buy your acres so he can expand his grazing area. How will you decide whether to sell your land to the farmer? What factors should you consider?

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Microeconomics: Suppose you have inherited a few acres of land from a

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