Question
Most of the homes in the neighborhood were selling for $500,000 to $800,000. Then one home sold for $900,000. Then another home sold for $950,000.
Most of the homes in the neighborhood were selling for $500,000 to $800,000. Then one home sold for $900,000. Then another home sold for $950,000. Now many of the homeowners are hoping this is a new trend. The $900,000 home set a _____________________ because ____
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Get StartedRecommended Textbook for
Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
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