In most cities, firms that own office buildings can renovate them for use as residential apartments. According

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In most cities, firms that own office buildings can renovate them for use as residential apartments. According to a news story, in many cities "residential rents are surpassing office rents." Predict the effect of this trend on the supply of office space in these cities. Use a graph to illustrate your answer?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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