Question: 3. Suppose that you own a building that does not generate enough rental revenue to cover the maintenance cost. You have two options: First= you

 3. Suppose that you own a building that does not generate

3. Suppose that you own a building that does not generate enough rental revenue to cover the maintenance cost. You have two options: First= you could demolish the building and set up a parking lot; second you could abandon the building. Suppose that the cost of demolition is $2= and the annual prot from the parking lot would be $1 =Still]. Should you demolish or abandon? If you don't have enough information to answer the question, list the information you need and explain how you would use it

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