Multiple Choice
Which of the following statements is false?
A) People who live in cities with good weather receive that benefit for free.
B) People who own property in cities with good weather receive higher rents,ceteris paribus.
C) Housing prices are higher in cities with better weather,ceteris paribus.
D) The demand for housing is higher in cities with good weather,ceteris paribus.
Correct Answer:
Verified
Correct Answer:
Verified
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