What is the single most important economic characteristic of land?
A. Immobility.
B. uniqueness (non-homogeneity).
C. Scarcity.
D. Location.
Answer: D. Location.
Business
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All of the following statements apply to special assessments, except:
A. They are charged to the owner of the property B. They are love you to finance specific improvements C. They are charged only for improvements that will increase the value of the property D. They are used to provide revenue for the counties operating budget
Business
Why is stockpiling inventories when faced with the threat of devaluation an insufficient reason to operate the firm?
What will be an ideal response?
Business