Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Cuba Cuba
wrote...
Go to Answer
Posts: 2658
Rep: 7 0
9 years ago
Six Flags Entertainment Corp. is trying to acquire 300 acres of land to build a new amusement park in Miami. There are 150 houses and 2 strip malls on the land the company needs. Which of the following statements is most likely true regarding Six Flags' ability to buy the land and build the amusement park?
A) Some of the property owners might ask for more money than their property is worth and prevent the project from moving forward.
B) The transactions costs of bargaining with the current landowners is likely to be quite low.
C) The government would likely not use eminent domain in this situation since it involves a private corporation trying to acquire land from private landowners.
D) The land must be undervalued for a large corporation like Six Flags to want to acquire it.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
Read 315 times
3 Replies
Replies
Answer verified by a subject expert
IloveChiIloveChi
wrote...
#1
Top Poster
Posts: 2595
Rep: 109 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cuba Author
wrote...
#2
9 years ago
Very, very helpful. Will mark this topic solved.
wrote...
#3
9 years ago
You're welcome.

Feels nice to be right Face with Stuck-out Tongue
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  679 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 128
  
 898
  
 337
Your Opinion
Which country would you like to visit for its food?
Votes: 263
Previous poll results: Do you believe in global warming?