0
If you mean productive like profitable, then find its highest and best use. For example, I could have a plot of land, build a house and rent it out for $2,000 per month. But if I built a 4 story, 16 unit apartment complex and charged $750 per month per unit, then I would be bringing in $12,000 per month. You would also have to consider your build costs for each project since the house will no doubt cost less to build than the apartment complex, so you would have to work out a cost analysis before you do anything. The other thing to consider is opening a business (or leasing your land to a business). This may be the least costly to you since you can contract a long-term (20+ year) lease and have the lessee build the building at their expense. If you are in agriculture then decide what is the most profitable crop that can grow in your geographical location with the highest demand. No matter what you do, always look for the highest and best use for your land. Good luck!
What else can I help you with?
How does the marginal product of labor change as more pepople are hird?
As more people are hired, the marginal product of labor decreases because eventually having more and more employees will not make the company more productive.
What are the three productive resources?
they are the three resources used to make profit and to make/sell things.
What are factor rewards?
A factor production is a productive resource. The four types are land, labor, capital and enterprise. Rewards for land are rent, for capital is interest, for labor is wages and enterprise is profit.
What is a person such as the owner of a pharmacy who organizes other productive resources to make goods and services?
entrepreneur
How do education program make the economy more productive?
Education programs add to the nation's human capital and labor productivity. Improved education and technology can make an entire economy more productive by shifting the production possibilities frontier outward. Federal, state, and local government all provide educational opportunities to the poor. The Federal government funds programs from preschool to college. State and local programs aid students with learning disabilities. By adding to the human capital and labor productivity.
How did ancient farmers in the Fertile Crescent make their land productive?
Ancient farmers in the Fertile Cresent made their land more productive by using the Tigris and Euphrates River to make land more fertile
Why farmers in the nile valley use expensive fertilizers?
to make their land more productive
Which is the process turns productive land into non productive land?
Natural Process
What would be most common for the owner of a Bonanza ranch?
to move to a more productive landraising large numbers of cattle.
What would be most common for the owner of bonanza farm?
Moving on to more productive land
What is the process of restoring land to a more natural productive state called?
Yes Bdusj
What would be most common for the owner a bonanza farm?
Moving on to more productive land
What would be most common for the owners of a bonanza farm?
Moving on to more productive land
How did the Mormons make the land in Utah so productive?
Hard labour and a communitarian system of irrigation.
Desertification is the process of making the desert green by turning it into productive agricultural land?
No, desertification is turning productive land into desert.
Is the process which turns productive land into non-productive deserts?
Natural Process
What are the five features of a computer that make it more productive than human beings?
write the five features of computer that more productive than a human being?
