Asked by Nathan Seifner on Jun 09, 2024
Verified
The main factor in determining how much one plot of land is worth relative to another plot is
A) its fertility.
B) the average amount of rainfall.
C) its location.
D) None of the choices are true.
Fertility
The natural capability to produce offspring; in human contexts, it often refers to the actual reproduction rates among a population.
Location
A specific place or position where something exists or occurs, often considered in geographical or spatial terms.
- Establish what influences the demand and supply for land.
- Learn the factors that cause changes in rent and land valuation.
Verified Answer
DS
Dolcey ShunkJun 12, 2024
Final Answer :
C
Explanation :
The location of a plot of land is typically the most important factor in determining its value. Factors such as proximity to amenities, transportation, and desirable neighborhoods can greatly affect the value of land, even if it is less fertile or receives less rainfall than other plots in different locations.
Learning Objectives
- Establish what influences the demand and supply for land.
- Learn the factors that cause changes in rent and land valuation.