Which phrase best explains why two physically similar parcels of real estate can have very different economic values?
a. The supply of land on earth is fixed
b. land cannot be created or destroyed
c. location, location, location
d. land cannot be moved from one place to another
Answer: c. location, location, location
You might also like to view...
Costs which are inventoriable include all of the following except
a. costs that are directly connected with the bringing of goods to the place of business of the buyer. b. costs that are directly connected with the converting of goods to a salable condition. c. buying costs of a purchasing department. d. selling costs of a sales department.
Each salesperson has the responsibility for a set group of customers. This group of customers is referred to as the salesperson's ________
A) buying center B) selling center C) sales team D) sales territory E) key account