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A rancher is preparing to retire. He is considering selling half of his land and giving the other half to his children. He hears that development for a ski resort was just approved on land adjacent to his property. Which viable business opportunity does the retiring rancher foresee?

Question 11 options:

A decrease in local home sales


An increase in land value


A decrease in land value


An increase in cattle sales

Respuesta :

The viable business opportunity does the retiring rancher foresee id an increase in land value.

Impact of the development of the ski resort on home sales and land value.

As a result of the development of the ski resort there would be a large influx of people into the area. This people would need homes to live in. As a result, there would be an increase in local home sales.

As a result of the expected influx of people into the rancher's area, there would an increase in the demand for land. This would lead to an increase in the value of land.

For more information about the change in demand, please check: https://brainly.com/question/25871620

Pandasir69420

Answer:

incr3ease of land value

Explanation:

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