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Wewaii [24]
2 years ago
14

The period of time over which an improvement contributes to a property's value is best described as its?

Business
1 answer:
algol [13]2 years ago
5 0

The answer is economic life.

The period of time over which an improvement to the property will contribute to its value is known as its economic life.

What is economic life?

  • The estimated span of time that an asset will be beneficial to the average owner is referred to as its economic life.
  • When an asset is no longer beneficial to its owner, it is said to have reached the end of its economic life. The economic life of an asset may differ from its physical life.
  • Owners must consider the asset's net present value (NPV), internal rate of return (IRR), and return on investment when estimating the figure (ROI). Several causes can shorten or end an asset's economic life. Asset wear, deterioration, or damage diminishes the economic life of an asset.

To learn more about economic life visit:

brainly.com/question/16009925

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lack of property rights diminish economic growth. diminish economic growth. increases productivity. increases productivity. enco
nikdorinn [45]

The answer is diminish economic growth.

  • The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.
  • Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.
  • Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.

Thus this is the meaning of diminish economic growth.

To learn more about economic growth, refer: brainly.com/question/18964806

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5 0
1 year ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
polet [3.4K]
The answer is Checking account

Checking account is usually made by the company to serve for specific purposes. (for example, like checking account to handle travel expenses or checking accounts to buy office supplies) This type of account usually really easy to made and had no withdrawing restrictions, but they don't have high interest rate
5 0
4 years ago
After setting the pricing objective, the next step in Amy's price-setting process is to:_______. a) monitor the effectiveness of
lakkis [162]

Answer:   Evaluate demand

After setting the pricing objective, the next step in Amy's price-setting process is to evaluate demand

Explanation:

4 0
3 years ago
It is most accurate to say that successful niche marketing relies on a firm's ________ and its ________.
Neporo4naja [7]

It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.

<h3>What is a marketing niche?</h3>

A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.

This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.

Read more on business niche here: brainly.com/question/1519816

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4 0
2 years ago
An offer to enter into a contract can be terminated by
nalin [4]
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
counteroffer, rejection, death or incompetency of the offeror or offeree, destruction of the subject.  </span>
6 0
3 years ago
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