Multiple Choice
Residents of cities with a reputation for good weather,ceteris paribus,
A) pay a higher price for housing because the demand for housing is higher.
B) pay a higher price for housing because the supply of housing is higher.
C) pay a higher price for housing because the supply and demand for housing is higher.
D) pay the same for housing as they would in cities with a reputation for bad weather.
Correct Answer:

Verified
Correct Answer:
Verified
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