The Zoning Ordinances Enacted by Many Cities and Counties That

question 34

True/False

The zoning ordinances enacted by many cities and counties that cause limited interference with a landowner's use of the property are an example of taking.

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Definitions:

Trade Price

The price at which goods are sold between companies before they reach the final consumer, often lower than the retail price.

Normal Good

A normal good is a type of good for which demand increases when income increases, and falls when income decreases but price remains constant.

Domestic Price

The cost of products or services inside the confines of a nation, in contrast to prices for international trade or exports.

Trade Price

The price at which goods or services are actually bought and sold between parties in the marketplace.