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a) What underlying assumption of most urban economics models implies that they tell us more about long-run changes than about short-run changes? b) Why does

a) What underlying assumption of most urban economics models implies that they tell us more about long-run changes than about short-run changes? b) Why does that same assumption generate equilibrium equalities in urban models when moving costs may generate inequalities in the real world? c) How does rent control illustrate how different short-run and long-run effects of urban policies can be?

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