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Apartments in New York City are priced higher than those 15 miles from the city because O landlords in New York City just don't understand economics

Apartments in New York City are priced higher than those 15 miles from the city because O landlords in New York City just don't understand economics. 0 firms are competing to earn a monopoly position O of the difference between what a factor of production earns and what it could in earn in the next-best alternative. O all the apartment prices in New York have government-imposed rent controls.

Apr 30 2020 View more View Less

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