Question 7 You have determined that the highest and best use ofcertain production machines is...

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Economics

Question 7 You have determined that the highest and best use ofcertain production machines is using them together, which aremodified/configured to work in one production line. Consider thatyou will use an observed price for similar machines (not installedor otherwise configured for use) to estimate fair value. Which ofthe following may result in adjustments to the price? Select thebest response, and then select Submit. Installation costs andconfiguration costs, but not transport costs Transaction costs andinstallation costs Transaction costs and transport costsInstallation costs, configuration costs, and transport costs

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