Use the real estate listings in your local newspaper to identify at least four or more houses in your city that are comparable in terms of the number of bedrooms and the number of bathrooms.
(a) What are the asking prices of the houses?
(b) What is the ratio of the largest asking price to the smallest asking price?
(c) What location factors might account for the differences in prices between the homes?
(d) What nonlocation factors might account for the price differences?
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