What is the best answer explaining why a market analysis is important in determining the market value of a vacant site?

A. Increases the support for and general credibility of the final value

B. It considers price levels and absorption rates

C. It provides necessary information to reach a highest and best use conclusion for the site

D. All answers are correct

The ideal improvement

A. All answers are correct

B. Takes maximum advantage of the site's potential

C. Consists of the most suitably priced cost components

D. Contains features and amenities that are most in demand by market participants-buyers and sellers

Conforms to current market standards and the character of the market area