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If two houses identical in characteristics, except that one house was near a noisy airport and the other was it a quiet location, and if

  1. If two houses identical in characteristics, except that one house was near a noisy airport and the other was it a quiet location, and if the market price for the house near the noisy airport was $350,000 and the market price of the house in the quiet location was $450,000, how would that help us put a value on the characteristics of peace and quiet?

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