Property Valuation
The principle of contribution states that:
AAll improvements add value equal to their cost
BThe value of a component is measured by how much it adds to the whole property's value✓ Correct
CLand value remains constant regardless of improvements
DProperties in a neighborhood contribute to each other's value
Explanation
The principle of contribution holds that the value of any improvement is determined by how much it contributes to the total market value of the property, not its actual cost.
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