Application 6 explains that even though no one directly and explicitly pays for good weather (here is
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Application 6 explains that even though no one directly and explicitly pays for good weather (“here is $100 for the good weather”), you may pay for good weather indirectly, such as through housing prices. Identify three other things (besides good weather) that you believe people pay for indirectly.
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Related Book For
Microeconomics
ISBN: 9780357720639
14th Edition
Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold
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