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problem1: What concept is illustrated if the additional easement area is acquired?

[A] Plottage value

[B] Market value

[C] Going-concern value

[D] Investment value

problem2: What is the market value of Lot A?

[A] $525,000

[B] $220,000

[C] $372,500

[D] Cannot be determined from the information given

Cost Accounting, Accounting

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