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nakungth nakungth
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7 years ago
After the September 11, 2001 attacks on the World Trade Center, the supply of downtown office space in Manhattan was dramatically reduced.  Forecasters predicted that the equilibrium price would rise, but in fact the price fell.  What are some factors that could explain the fall in the equilibrium price, which the forecasters failed to take into account?
A) Demand for office space fell due to quality-of-life concerns.
B) The economic slowdown caused demand for office space to fall.
C) both A and B
D) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
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7 years ago
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nakungth Author
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7 years ago
this is exactly what I needed
bbbbbbbh
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
bioc
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2 hours ago
Correct Slight Smile TY
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