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Which of the following statement will cause a bias or misspecification when using the Hedonic Pricing Method? Investors fully understand the water pollution caused by

Which of the following statement will cause a bias or misspecification when using the Hedonic Pricing Method? Investors fully understand the water pollution caused by a mining project. The functional form of a hedonic price function is correctly defined. There are limited number of alternatives in the market. There are no errors in the measurement of all variables

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