Which one of the following statements concerning the economic order quantity (EOQ) model is true? Group of answer choices A decrease in holding cost will increase the EOQ. A decrease in demand will increase the EOQ. None of these is true. An increase in holding cost will increase the EOQ.

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.