Business, 24.07.2020 22:01 hnsanders00

The concept known as substitution states that: a. buyers will not substitute the quality of one home for the price of another.
b. the replacement cost of an item cannot be substituted for the item's original value.
c. a new improvement will only increase market value to the extent of the cost of a similar improvement.
d. buyers will not pay more for a certain house than they would for another, similar house.

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The concept known as substitution states that: a. buyers will not substitute the quality of one hom...