Solved

The "Kink Point" in the Real Estate Space Supply Function

Question 24

Multiple Choice

The "kink point" in the real estate space supply function occurs at:


A) The current quantity of built space and the "replacement cost" rent.
B) The maximum quantity of built space allowed by zoning laws and geographical constraints.
C) The current quantity of built space and the current rent.
D) The rent that provides a cap rate equal to the mortgage interest rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents