Choose the One Most Appropriate Answer for Each

question 49

Multiple Choice

Choose the one most appropriate answer for each.
-a concept wherein the municipality regulates the property to where it has no value or, in some cases, has no remaining economic value

• A)amendment
• B)buffer zone
• C)building codes
• D)CERCLA
• E)certificate of occupancy
• F)conditional use permit
• G)downzoning
• H)EIS or EIR
• I)land-use-control
• J)mapping requirement
• K)master plan
• L)nonconforming use
• M)Phase I
• N)Restrictive covenants
• O)Spot zoning
• P)taking
• Q)TDRs
• R)variance
• S)windfall gains
• T)zoning laws

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Definitions:

Smelt Copper

The process of extracting pure copper by heating and melting copper ore to separate it from other elements.

Marginal Revenue Product

The extra income produced by using another unit of a production input.

Technology Improvement

Advancements or enhancements in technology that lead to better productivity, efficiency, or product quality in various sectors.

Marginal Product

The additional output resulting from one more unit of a certain input, holding all other inputs constant.