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In order to create more jobs in the region, the local government gave permission to a foreign investor to build a chemical plant not far
In order to create more jobs in the region, the local government gave permission to a foreign investor to build a chemical plant not far from a residential area. Analysts predict that the real estate prices will drop by 10%. Currently, the total value of real estate is $90 million. Calculate the potential external cost for the residents in the area of building the chemical plant.A. $1 Million B. $10 MillionC. $9 MillionD. $1.9 Million
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