​In the Long Run,if Housing Prices Are Higher in San

question 55

Multiple Choice

​In the long run,if housing prices are higher in San Diego,California,versus Nashville,Tennessee,then

• A)​individuals would move to Nashville
• B)individuals would move San Diego
• C)there would be no movement across the two cities,since the difference in prices is pure compensation for difference in living conditions
• D)​Both B&C

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