An emerging market is

A) a market for small, but rapidly growing companies.
B) market for companies coming out from bankruptcy proceedings.
C) market for promising, but untested technologies.
D) a market located in an economy with low to middle per capita income.

Answer: D

Business

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To an appraiser, a definition of value is:

A: A relationship between desirous persons and things desired; B: The ability of one commodity to command other commodities in exchange; C: The present worth of future benefits arising out of ownership of a property; D: Any of the above.

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