Which Is Not True About Zoning Ordinance Variances

question 28

Multiple Choice

Which is not true about zoning ordinance variances:

• A) They are not available for hardships caused by the actions of the property owner seeking the variance.
• B) They  are available if it affirmatively appears that the property owner seeking the variance cannot yield a reasonable return on the owner's investment in the property.
• C) They  are available for hardships caused by the variance that are common to the zoned area.
• D) All of these are true.

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Definitions:

Demand Curve

An image that graphically shows the relationship between an item's selling price and the quantities that consumers are interested in buying.

Consumer Surplus

The economic benefit consumers receive when they pay less for a product or service than what they were willing to pay.

Total Surplus

The total societal benefits from trading a good or service, encapsulated by the combination of consumer surplus and producer surplus in a market.

Average Total Cost

The total cost divided by the quantity produced, denoting the cost per unit of production.