Answer:
a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.
Explanation:
The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.
Answer:
The answer is experiential shopping.
Explanation:
Experiential shopping describes when customers go to retail spaces not to necessarily make purchases but to enjoy experiences offered by the retail spaces. The experiences include live music, art, massages, cafes and lounges, virtual reality e.t.c.
Jane does not necessarily have the intention of making purchases but does experiential shopping on weekends because she finds it interesting and relaxing (which resultantly makes her escape boredom).
This is the power of eminent domain.
<h3>What is
eminent domain?</h3>
The power of a state, provincial, or national government to take private property for public use is known as eminent domain, land acquisition, compulsory purchase/acquisition, resumption, resumption/compulsory acquisition, or expropriation.
When the government acquires a home or business through eminent domain, it actually destroys value. It transfers property from a higher-value use to a lower-value use, as evidenced by the government's unwillingness to pay the price required to obtain the property voluntarily.
The term "Event of Eminent Domain" refers to any governmental authority's compulsory transfer or taking, or transfer under threat of compulsory transfer or taking, of any material property or asset owned by the Operating Company or any Project Company.
To know more about eminent domain.follow the link:
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Answer:
multidivisional structure
Explanation:
Multidivisional structure is a systematic division of an organizational structure where each divisions work autonomously to maintain it's own operations based on geographic locations, products or services and target customers . At the same time each of these divisions work together to achieve the mission of the organization at large.
