Individuals who buy second homes usually spend less for them than they do for their first homes.

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Individuals who buy second homes usually spend less for them than they do for their first homes. Why is this the case?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:39 AM

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Individuals who buy second homes usually spend less for them than they do for their first homes.

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The marginal utility in terms of additional ...View the full answer

Economics

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