Finding an Apartment in New York City Is Difficult

question 242

Essay

Finding an apartment in New York City is difficult. People even scan the obituaries in the hopes of finding an apartment. Provide an economic explanation for this.

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Definitions:

Premise

An assertion or claim that leads to or results in a subsequent conclusion or inference.

Distributed Term

In logic, a term in a categorical proposition that applies to all members of the category it refers to.

Validity Rules

Guidelines and principles used in logic to determine whether arguments are valid, ensuring that the conclusion necessarily follows from the premises.

Validity Rules

Guidelines or principles used to determine whether an argument or reasoning process is logically sound and its conclusions are based on true premises.