Objects That Are Attached to the Land or a Building

question 32

Multiple Choice

Objects that are attached to the land or a building, but are distinguished from the land itself are called

• A) accessories.
• B) fixtures.
• C) chattels.
• D) fixings.
• E) additions to land.

---

Definitions:

Consumer's Income

The total amount of money earned by a consumer, determining their purchasing power and affecting their demand for goods and services.

Corner Solution

In optimization problems, a situation where the optimal choice for a variable is at the limit or bound of its possible values, rather than in the interior of the choice set.

MRS

The speed at which a consumer is prepared to exchange one product for another while keeping the same degree of happiness or utility.

Travel

The act of moving from one place to another, which can be for various purposes such as leisure, business, or exploration.