3. If the fiscally break-even value for a home is $300,000, and the land price is $350,000 per acre, the minimum lot size would be а. 1/4 аcre b. 1/3 асre c. 1/5 acre d. 1/6 аcre

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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3. If the fiscally break-even value for a home is $300,000, and the land price is $350,000 per acre, the
minimum lot size would be
а. 1/4 аcre
b. 1/3 асre
c. 1/5 acre
d. 1/6 acre
Transcribed Image Text:3. If the fiscally break-even value for a home is $300,000, and the land price is $350,000 per acre, the minimum lot size would be а. 1/4 аcre b. 1/3 асre c. 1/5 acre d. 1/6 acre
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