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Production
The process of creating goods or services by combining labor, capital, and raw materials in order to meet consumer demand.
Rental Housing Services
Rental Housing Services refer to the provision of accommodation for a payment made by tenants to landlords under agreed terms.
Owner-Occupied Housing
Residential properties that are occupied by the owner of the property, differentiating these from rental properties or investment properties.
Market Value
The present cost at which a good or service is available for purchase or sale on the public market.
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Q35: Which of the following is NOT true