Suppose that a judge is deciding whether, as a matter of fact, homeowners curren

Question

Suppose that a judge is deciding whether, as a matter of fact, homeowners currently have the right to prevent airplanes from flying low over their houses (in other words, whether they can actually prevent low over-flights). The judge hears evidence from airport officials, real estate lawyers, and others. The judge's ruling is correct if his decision:

is supported by homeowners

results in no change to the market value of homes.

is supported by a majority of expert witnesses.

results in a rise in home values

is supported by homeowners

results in no change to the market value of homes.

is supported by a majority of expert witnesses.

results in a rise in home values

Explanation / Answer

Ans) the correct option is is supported by a majority of expert witnesses. The judge could also take a decision to decrease the Market value of those houses because the house owners have got the negative externality of airplanes flying low over their houses.

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