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The absorption period is a measure of the time to do which of the following? ( 1 ) Obtain approvals to develop a subdivision (

The absorption period is a measure of the time to do which of the following?

(1)

Obtain approvals to develop a subdivision

(2)

Develop a vacant parcel of land

(3)

Service vacant lots in a subdivision

(4)

Sell all lots in a subdivision

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