Marks: 1 If the quantity of housing supplied in a community is less than the qua

Question

Marks: 1 If the quantity of housing supplied in a community is less than the quantity of houses demanded, the existing price: Choose one answer.

a. will remain unchanged.
b. will fall to clear the market.
c. will either fall or remain unchanged.
d. is below the market equilibrium price. Marks: 1 If the quantity of housing supplied in a community is less than the quantity of houses demanded, the existing price: Choose one answer.

a. will remain unchanged.
b. will fall to clear the market.
c. will either fall or remain unchanged.
d. is below the market equilibrium price. If the quantity of housing supplied in a community is less than the quantity of houses demanded, the existing price: Choose one answer.

a. will remain unchanged.
b. will fall to clear the market.
c. will either fall or remain unchanged.
d. is below the market equilibrium price. Choose one answer.

a. will remain unchanged.
b. will fall to clear the market.
c. will either fall or remain unchanged.
d. is below the market equilibrium price.

Explanation / Answer

D

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.