The principle of highest and best use suggests that land must always be valued in its
present use.
Correct Answer:
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Q1: The broad forces affecting value are physical,
Q2: Disposable income is the amount of family
Q3: The principle of substitution is basic to
Q4: Zoning is one of the economic forces
Q5: Environmental protection and subdivision reform laws affect
Q6: The agents of production are responsible for
Q8: Demand and scarcity are both essential elements
Q9: A strong demand can be effective without
Q10: High valued properties are not generally affected
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