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Jane is worried about the high price of rental housing in Hyde Park. She proposes an unusual strategy to lower rents: break the windows of
Jane is worried about the high price of rental housing in Hyde Park. She proposes an unusual strategy to lower rents: break the windows of many nearby apartment buildings. She figures that this will decrease the value of the buildings, thus decreasing their price. T/F/U: Since Jane's strategy will reduce the price of housing, it will also increase consumer surplus. (In your answer, please provide a diagram)
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