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The theory that investors do not buy or rent property as such but judge properties as different sets of benefits and costs, is called: Select
The theory that investors do not buy or rent property as such but judge properties as different sets of benefits and costs, is called:
Select one:
a. A market imperfection
b. The main reason for lags in property supply as demand changes
c. Inelastic supply
d. The differential method of property valuation
e. The principle of substitution
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