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Questions and Answers
What is another term for non-homogeneity in the real estate market?
What is another term for non-homogeneity in the real estate market?
- Consistency
- Standardization
- Uniformity
- Heterogeneity (correct)
What does non-homogeneity imply about parcels of land?
What does non-homogeneity imply about parcels of land?
- Parcels have similar characteristics
- Parcels are identical
- Each parcel is unique (correct)
- Parcels can be standardized
What factors contribute to the uniqueness of parcels of land?
What factors contribute to the uniqueness of parcels of land?
- Age, material, and cost
- Location, building type, and improvements (correct)
- Accessibility, amenities, and zoning
- Size, shape, and color
What is another term for non-homogeneity in the real estate market?
What is another term for non-homogeneity in the real estate market?
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What does non-homogeneity imply about parcels of land?
What does non-homogeneity imply about parcels of land?
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What factors contribute to the uniqueness of parcels of land?
What factors contribute to the uniqueness of parcels of land?
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