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When a Home Is Located in a City with a Reputation

Question 13

Multiple Choice

When a home is located in a city with a reputation for _________ weather, homebuyers in the area _____________________ for their homes because of that weather,  ceteris paribus .


A) good; indirectly pay a higher price
B) good; indirectly pay a lower price
C) bad; directly pay a higher price
D) bad; indirectly pay a higher

Correct Answer:

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