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If we desire to classify land by its use, land that does not include any improvements to the land would be categorized as:
Market Prices
The current value at which goods or services can be bought or sold in an open market.
Market Prices
The current price at which an asset or service can be bought or sold, determined by supply and demand in an open market.
Entrepreneurs
Individuals who start, manage, and assume the risks of a business or enterprise, often introducing innovations or exploring new market opportunities.
Costs of Production
The total expenses incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.
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