Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the segregated-cost method is a more detailed method of estimate cost to replace than the comparative-unit methodIf real estate developers never made mistakes when judging
the segregated-cost method is a more detailed method of estimate cost to replace than the comparative-unit methodIf real estate developers never made mistakes when judging which properties will sell at a price equal to the cost of producing the properties (land, materials, labor, and normal, competitive profit to the developer) in competitive markets, "market value" and "cost of production" would be the same thing
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started