In real estate markets, a transaction occurs only when the investment value of the buyer exceeds the investment value of the seller. The buyer's investment value is the ________ that he or she would be willing to pay for a particular property, while the seller's investment value is the _______ that he or she would be willing to accept.
A) minimum; minimum
B) minimum; maximum
C) maximum; minimum
D) maximum; maximum

Question

Quizplus · Accepted Answer

The buyer's investment value is the maximum amount they would be willing to pay, while the seller's investment value is the minimum amount they would be willing to accept. So, the correct option is maximum for the buyer's investment value and minimum for the seller's investment value.

In Real Estate Markets, a Transaction Occurs Only When the Investment