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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Suppose that the equilibrium price and quantity of new houses both increase. Which of the following
Post by: Loraine on Jun 20, 2015
Suppose that the equilibrium price and quantity of new houses both increase. Which of the following could be a cause of this change?
A) Both the supply and the demand for new houses increased, and the supply increased by more than the demand.
B) The demand for new houses increased, and the supply did not change.
C) Both the supply and demand for new houses decreased.
D) The supply of new houses decreased, and the demand for new houses did not change.
E) The supply of new houses increased, and the demand for new houses did not change.


Title: Re: Suppose that the equilibrium price and quantity of new houses both increase. Which of the follow
Post by: Dropx on Aug 15, 2015
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Title: Re: Suppose that the equilibrium price and quantity of new houses both increase. Which of the following
Post by: Dropx on Aug 31, 2015
Thanks for the feedback :)