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2 December, 11:31

Assume that people who purchase homes in Alpharetta also look at homes in Roswel but not at homes in Johns Creek. Also assume that people who purchase homes in Roswel also examine homes in Alpharetta but not in Johns Creek. People who purchase homes in Johns Creek look for homes exclusively in Johns Creek. What can we conclude from this? a. Alpharetta and Roswell are in the same housing market b. Alpharetta and Johns Creek are in the same housing market c. Roswell and Johns Creek are in the same housing market d. None of the above

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  1. 2 December, 12:02
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    a. Alpharetta and Roswell are in the same housing market.

    Explanation:

    Looking at the scenario all the people that look at houses in Alpharetta also look at houses in Roswell. People that look at houses in Roswell also look at houses in Alpharetta. Both of these categories do not look at houses in John's Creek. This presupposes that Alpharetta and Roswell are in the same housing market and John's Creek is not.

    To reinforce this assumption people that purchase homes in Johns Creek look for homes only in Johns Creek.
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