Question: Question 1 ( 1 point ) In the Urban Model if everyone has identical preferences and income, it must be the case that, in equilibrium,

Question 1(1 point)
In the Urban Model if everyone has identical preferences and income, it must be the case that, in equilibrium,
all individuals have identical consumption of non-housing goods.
housing prices are such that individuals are indifferent between all houses at all locations.
all individuals spend the same amont of money on housing.
all individuals spend the same amount of money on commuting costs.
Question 1 ( 1 point ) In the Urban Model if

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