Multiple Choice
When a new major league baseball stadium is built in the suburbs of a large city,the rents of apartments surrounding the stadium skyrocket because
A) the supply of the apartments is high.
B) the amount of land available for apartments is fixed.
C) stadium owners want the area to be upscale.
D) everyone wants to live near a stadium.
E) the players want to live nearby and can afford high rents.
Correct Answer:
Verified
Correct Answer:
Verified
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