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Q: IS ASPHALT A LAND IMPROVEMENT OR BUILDING IMPROVEMENT?
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What is the duration of Asphalt Warriors?

The duration of Asphalt Warriors is 1.5 hours.


Is asphalt a kind of rock?

No, asphalt, aka bitumen, is a form of petroleum.


What is the duration of The Asphalt Jungle?

The duration of The Asphalt Jungle is 1.87 hours.


What does asphalt jungle refer to used as a cliche?

The term 'asphalt jungle' is a term for the part of a city that should be avoided at night. It compares the dangers of the jungle in a place paved in asphalt.


Why buildings are in hong kong are so tall?

There is always a fixed amount of limited land available and it is impossible for all firms to be located in the optimal position. The only way to accommodate all firms is to substitute capital for land. Let us first start with some fixed costs. With a small land size of 0.04 hectares, the capital cost would be $250. On the contrary, another building would have a larger land size of 1.0 hectares and capital cost of only $50. When land rent and building cost is low at $40, the total cost of constructing a tall building would be 0.4(40) +250= $251.6. This is due to its high capital cost. However, for a short building, the total cost would only be a mere $90. We can clearly see that for a short building, total cost is minimised. When land is cheap, it would make more sense to substitute more land for capital. The savings from using less land are dominated by the higher capital costs of a taller building. Thus, the better option, in low rent, is to consume more land for short buildings. In areas with high rent, building cost and land rent would be $1,600. The total cost of a tall building would only equivalent to $314. This is because a smaller land size would amount for a lower land cost. On the other hand, if a firm were to construct a short building with larger land size, the total cost would be $1,650. The total amount for a short building is significantly higher than the total cost of a tall, but small land-sized building. When land is expensive, the savings in land costs from using less land are greatly substantial. Capital should be substituted for land. Therefore, it would appear wiser to construct taller buildings when the land rent is prominently higher. The model exemplified with 0.04 hectares and high rent is, in fact, a representation of a typical plot of land in the CBD. It depicts the situation of high capital cost, high land rent and small land size. Thus, through this example by Sullivan, the concept of factor substitution is addressed. It would seem that with high land rent and building costs, total cost is minimised through constructing tall buildings. Firms optimise by substituting capital for land, as rental prices rise. As such, the structures in CBD areas often consist of numerous skyscrapers on small lots.

Related questions

Building materials beginning with letter a?

adobe asphalt


Is it legal to have asphalt under carport?

Each jurisdiction is responsible for their own building codes. There is normally not a problem with asphalt.


How many tons of asphalt will you use on a 500 square meters piece of land?

The answer depends on how deep you want the asphalt layer to be!


Which is stronger land-building or erosion?

land building land building


How is the building code for using asphalt shingles on a roof related to the definition of slope?

no


Can you destroy asphalt replaced in a leasehold improvement?

Leasehold improvements are covered in the Lease. More specifically what is allowed and what is not. As long as the Asphalt removal is allowed under the lease, disposal will be allowed or what must be done with it will be detailed.


A building material that starts with the letter g?

Some building materials that start with A are asphalt, aluminum, and ash wood.


What is land tenure improvement?

land tenure improvement is a component of CARP seek to secure the tenurial status of our farmers and farmworkers in the land they till.this operationalized either through land acquisition and leasehold operation.


Is carpet a building improvement?

Yes if it's a good carpet.


When a firm buys land on which there is a building and the building is torn down so that an appropriate new building can be constructed on the land?

the total cost of the land and old building are capitalized as land cost.


Is asphalt replacement a leasehold improvement?

As this would be considered a replacement, and not an installation, this would be considered an improvement. If this was a dirt lot and you were laying down the initial surface, this would be a new installation, and depreciated in the same fashion as the main asset.


What has the author Charles F Potts written?

Charles F. Potts has written: 'Sulphur extended asphalt base evaluation, Alachua County, Gainesville, Florida' -- subject(s): Asphalt Pavements, Design and construction, Pavements, Asphalt, Subgrades, Sulphur in building, Testing