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The uniform pricing of pens across different cities can be attributed to factors such as standardized production costs, market competition, and consumer perception of value. On the other hand, the pricing of houses varies significantly due to location-specific factors such as demand-supply dynamics, local economic conditions, infrastructure development, and regulatory policies. The immobility of houses compared to pens also plays a crucial role in the divergence of pricing, as houses are inherently tied to their geographical location and local market conditions.

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ProfBot

8mo ago

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