Final answer:
The two variables that affect LEED registration cost are the cost of labor and financial capital, and the cost of environmental regulations. Labor cost includes the wages and salaries paid to the workers involved in the registration process, while financial capital refers to the interest rates and financing costs. Additionally, compliance with environmental regulations and implementing sustainable practices can impact the overall registration cost.
Step-by-step explanation:
The two variables that can affect LEED registration cost are the cost of labor and financial capital, and the cost of environmental regulations. The cost of labor is an important factor as it determines the wages and salaries paid to the workers involved in the LEED registration process. The cost of financial capital refers to the interest rates and financing costs associated with obtaining the necessary funds for the registration.
Additionally, the cost of environmental regulations plays a role in the overall registration cost. LEED, which stands for Leadership in Energy and Environmental Design, is a certification program that promotes sustainable building practices. Compliance with environmental regulations and implementing environmentally friendly measures can increase the cost of the registration process.
For example, using eco-friendly materials, implementing energy-efficient systems, and incorporating sustainable practices may require additional expenses. However, these costs are generally a small percentage of the total cost, usually ranging from 1 to 2%.
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