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Which of the following are implications of the AMM model for real estate markets? A: All else equal if commuting costs rise, rents further from
Which of the following are implications of the AMM model for real estate markets? A: All else equal if commuting costs rise, rents further from the CBD will fall. B: All else equal, the price per square foot of housing will decrease with distance from the CBD. C: All else equal, the total dwelling size will increase with distance from the CBD. a. Only A b. Only B c. Only C d. A and B e. Band C f. A and C A, B, and C. h. None of these
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