. Based on Equation (1), derive an expression for the number of people living in residence 1" (denote it as LRT) as a function of amenities distances, home prices, wages, and errors. You can do this by summing rm over m, then multiplying the summation by N. That is, J LR, = (2 mm) x N m:1 . Based on your answer in Question 2, describe how LR, changes as B, increases and as qrincreases