Suppose Two Neighborhoods (A AndB)have Identical Housing,but Neighborhood a Has

Multiple Choice

Suppose two neighborhoods (A andB) have identical housing,but neighborhood A has a strictly enforced deed restriction that prohibits homeowners from parking junk cars in the front yard.If houses in neighborhood A sell for $105,000 and houses in neighborhood B sell for $100,000,how would an economist value the external cost of visible junk cars,per house?

A) $205,000
B) $105,000
C) $100,000
D) $5,000
E) None of the above answers is correct.