CCIM|VERIFIED QUESTIONS AND CORRECT DETAILED ANSWERS|RATED AND
GRADED A+ NEW UPDATE| 2026/2027
Central Place Theory - ANSWER✔ A theory that explains the distribution of services, based on the fact
that settlements serve as centers of market areas for services; larger settlements are fewer and farther
apart than smaller settlements and provide services for a larger number of people who are willing to
travel farther.
Population to employment ratio (PER) - ANSWER✔ Total population/ total employment
PER - ANSWER✔ For every 1 person working there are only 2 working (3 PER)
Location Quotient (LQ) - ANSWER✔ e (local) / E (national)
EBM - ANSWER✔ Total employment/ basic employment in community
Factors in apartment market area delineation - ANSWER✔ household linkage patterns, household
psychographics, competitive facilities, physical and psychological barriers
location analysis for an office use usually examines - ANSWER✔ the general area around a site or a
general submarket area
location analysis for an industrial use usually examines - ANSWER✔ the general area around the site
or a general submarket area
market analysis is important to the investor because - ANSWER✔ it provides the data necessary to
perform a strategic analysis
strategic analysis - ANSWER✔ the process of determining whether the market will support a
particular use at a particular site so it is profitable is called
GRADED A+ NEW UPDATE| 2026/2027
Central Place Theory - ANSWER✔ A theory that explains the distribution of services, based on the fact
that settlements serve as centers of market areas for services; larger settlements are fewer and farther
apart than smaller settlements and provide services for a larger number of people who are willing to
travel farther.
Population to employment ratio (PER) - ANSWER✔ Total population/ total employment
PER - ANSWER✔ For every 1 person working there are only 2 working (3 PER)
Location Quotient (LQ) - ANSWER✔ e (local) / E (national)
EBM - ANSWER✔ Total employment/ basic employment in community
Factors in apartment market area delineation - ANSWER✔ household linkage patterns, household
psychographics, competitive facilities, physical and psychological barriers
location analysis for an office use usually examines - ANSWER✔ the general area around a site or a
general submarket area
location analysis for an industrial use usually examines - ANSWER✔ the general area around the site
or a general submarket area
market analysis is important to the investor because - ANSWER✔ it provides the data necessary to
perform a strategic analysis
strategic analysis - ANSWER✔ the process of determining whether the market will support a
particular use at a particular site so it is profitable is called
