Common Property II

The following questions refer to the accompanying diagram, which shows the benefits and costs associated with the use of a common property.

-Refer to Common Property II.If the common property is privately owned,the owner earns revenue equal to

Question

Common Property II

The following questions refer to the accompanying diagram, which shows the benefits and costs associated with the use of a common property.

-Refer to Common Property II.If the common property is privately owned,the owner earns revenue equal to

Quizplus · Accepted Answer

When the common property is privately owned, the revenue earned by the owner is equal to the total area of the common property (C + D + F + G). This is because the owner can charge fees or rent for the use of the common property by others. Options A and B only include part of the total common property, and option D suggests that the owner earns no revenue from the common property, which is incorrect if it is privately owned.

Common Property II The Following Questions Refer to the Accompanying Diagram, Which Shows