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At the original equilibrium price does this lead to a surplus or shortage? wing market for rental housing Supply and Demand In. GRAPH SETTINGS Reset

At the original equilibrium price does this lead to a surplus or shortage?

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wing market for rental housing Supply and Demand In. GRAPH SETTINGS Reset Price (per unit) Supply Demand Q Quantity per unit of time) Upthe Shortage fts outward. There is a shortage and market Suppose that there is an increase in demand for this type of housing! Instructions: Use the interactive above to modell this shock Does demand shift Inward or outward? Loutward (right) | At the original equilibrium price does this lead to a surplus or shortage? Click to select

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