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Tom [10]
3 years ago
12

As a component of real estate value, the principle of substitution suggests that_________.

Business
1 answer:
melisa1 [442]3 years ago
3 0

Answer:

<em>If two similar properties are for sale, a buyer will purchase the cheaper of the two</em>

Explanation:

This principle states <em>a property's maximum value is usually determined by the cost of purchasing an equivalent substitute property having the same usage, design, and income.</em>

For instance, why would someone pay $1,000,000 for an apartment when they could buy a different but equally desirable house for just $750,000 in the same area?

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Who will be responsible for creating the disaster recovery plan and will likely be responsible for testing it and keeping up wit
CaHeK987 [17]

The disaster recovery planning team will be responsible for creating the disaster recovery plan and will likely be responsible for testing it and keeping up with its ongoing maintenance.

The disaster recovery team is responsible for creating the organization's disaster recovery plan, developing the planning processes and procedures, and implementing the plan to ensure data recovery in the event of a disaster.

Security administrator. network administrator. Executive Response: An organization's executives are ultimately responsible for corporate governance, including deciding whether to implement BCP/DRP controls.

The role of the Local Disaster Recovery Manager is to organize, coordinate and facilitate recovery at the local level. The experience and skills of these individuals should include a strong foundation for community development and a good knowledge of community demographics.

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6 0
2 years ago
Simone lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produ
irina1246 [14]

The type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.

<h3>What is free trade?</h3>

Free trade is an agreement between two or more countries to remove trade barriers or restrictions . This enable member countries trade freely without any impediment to import and export of goods.

Countries come together to promote their goods and services by taking away any thing that could hinder import and export of goods among member nation. This bring about increased efficiencies.

Hence, the type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.

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7 0
2 years ago
Which of the following is not a benefit of contributing to a retirement account
Naily [24]

Answer:

D.

Explanation:

8 0
3 years ago
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The chart shows a production possibilities schedule for Sabrina’s Soccer.
dimaraw [331]

Answer:

the answer is c

Explanation:

8 0
3 years ago
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Q 4.13: salaries and wages expense should have been accrued on december 31st, but the entry was not made. the result of this ove
Shkiper50 [21]
The answer to the given situation is "the result of this oversight is that the liabilities are understated".
We can define understated as if someone say to you that your account is understated, it means that either the amount is incorrect or the amount is too small or it is less than the actual or true amount. In the given case the entry was not made due the understatement of liabilities.
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3 years ago
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