You are appraising a five acre tract of land which is currently in agricultural use. The Master Plan for the community shows that utilities will be extended to the subject property within the next three to five years. At that time, the zoning of the area will be changed for residential development with a maximum site area of 2.5 acres. The owner of the subject property has requested that the utilities be extended now, but this request was denied by the Planning Department. What is the highest and best use of the subject property, as vacant

For each example identify the most appropriate ctso

Which of the following has the largest impact on opportunity cost

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear