Multiple Choice
In real estate markets, a transaction occurs only when the investment value of the buyer exceeds the investment value of the seller. The buyer's investment value is the ________ that he or she would be willing to pay for a particular property, while the seller's investment value is the _______ that he or she would be willing to accept.
A) minimum; minimum
B) minimum; maximum
C) maximum; minimum
D) maximum; maximum
Correct Answer:
Verified
Correct Answer:
Verified
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