Suppose you live on the second floor of a twostory building that you own. You have managed

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Suppose you live on the second floor of a twostory building that you own. You have managed to get the ground floor zoned for commercial use and are presently advertising the space to prospective tenants. Both a convenience store and the retail outlet of a wireless communications company have expressed an interest in meeting with you to negotiate the terms of a lease. If you wish to maximize your rental income, which of these two businesses would you prefer to have as a tenant?

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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