Business, 18.03.2020 01:14 mzlennon639

Allen and Lewis are friends who each recently purchased real estate. Allen purchased a patio home in a small town an hour from the city, while Lewis purchased a condo in a really hot area near the city center. Although they paid similar amounts for their properties, Lewis’ condo is worth much more two years later. Which economic characteristic does this demonstrate?

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Allen and Lewis are friends who each recently purchased real estate. Allen purchased a patio home in...