The reason that land is more valuable at one location than another is because

Question

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The demand for that land has bid up its price. When the demand for a specific location increases, it leads to bidding wars among potential buyers, resulting in increased prices. This phenomenon is generally observed in areas with high population density or desirable features such as proximity to natural attractions, commercial centers, or good transportation infrastructure.

Answer: C 
 The supply of that land is more limited than at other locations. Land with limited supply is more valuable because it is scarce and difficult to obtain. For instance, land located in urban areas or near coastal areas might have limited supply due to existing land use regulations, zoning restrictions, or physical constraints such as terrain or waterways. Therefore, the limited availability of such land can make it more expensive than land with a higher supply.

The Reason That Land Is More Valuable at One Location