Choose only 3 benefits of land being occupied by firms according to the principle of highest...

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Economics

Choose only 3 benefits of land being occupied by firms accordingto the principle of highest and best use (note that most of theoptions listed below do not arise from highest and best use):
a. Establishment of a working wage
b. Separation of industrial toxins from residential areas
c. Expanding tax base
d. Increased number of jobs
e. Vitality of locally owned businesses
f. Agglomeration
g. Improved community health
h. Greater potential for philanthropy
i. More complex division of labor
j. Situs
k. Balance of corporate businesses with smaller shops

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3.6 Ratings (573 Votes)

The highest and best use is determined based on the four criterias Physically Possible Legally Permissible Financially Feasible Maximally Productive The benefits can be determined based on the application of the above criterions c Expanding tax base Tax base refers to the amount of assets and income that See Answer

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