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Draw 2 separate diagrams one for luxury homes on on Dubai's Palm Jumeirah and the other one for apartments where a number of new buildings

Draw 2 separate diagrams one for luxury homes on on Dubai's Palm Jumeirah and the other one for apartments where a number of new buildings are under construction.  Which one would have a relatively elastic supply curve and which one would have a relatively inelastic supply curve. Discuss the effects of an increase in demand in the markets.

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