Evaluate the following statement in the context of business-stealing and product-variety externalities: "We have too many student apartments in this town already; statistics show that vacancy rates average 15 percent during any given semester."

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The Answer of Evaluate the following statement in the context of business-stealing and product-variety externalities: "We have too many student apartments in this town already; statistics show that vacancy rates average 15 percent during any given semester."

Evaluate the Following Statement in the Context of Business-Stealing and Product-Variety