company mines 420,000 tons of coal per year in a rural county. The coal is worth $63 per ton. The average price for a 2,000-square- foot house with three bedrooms more than 20 km away from the mining site in this county is $210,000. The average price for a similar, 2,000-square-foot house with three bedrooms within 4 km of the mine is 4 percent lower. Using comparative statics, what is the effect of mining on home prices in this county? Mining changes the price of a 2,000-square- foot home (with three bedrooms) by $ (Round your response to two decimal places and use a negative sign it necessary)

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Question 32 Which points represent a production level that could lead to unemployment? 12 10 Thousands of sedans 8 9 4 A 2 D B C 0- 0 2 4 6 8 10 12 Thousands of convertibles Full text description Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. Q Search

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