Holding everything else constant, an increase in wealth lowers the quantity demanded of an asset

If both favorable and unfavorable variances exist, the variances are subtracted from each other. The variance is determined to be favorable or unfavorable based on which one is the larger amount

Indicate whether the statement is true or false

A buyer wants to use a residential property for a small business. Before closing, the buyer should

A) apply for a special use permit. B) check the zoning to determine if they use is allowed. C) call an attorney to request a variance. D) apply for a sales tax license.