Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Now think of the market of houses and discuss the cases under the same questions. Circle all correct answers under each case. Explain briefly 1.Shipping

Now think of the market of houses and discuss the cases under the same questions.

Circle all correct answers under each case.

Explain briefly

1.Shipping costs for construction materials fall due to lower gas prices

a.Supply is affected

b.Demand is affected

c.Supply curve is shifted to _____

d.Demand curve is shifted to ______

e.Supply curve moves _____

f.Demand curve moves ______

g.Price (increases or decreases ___________ .

h.(Demandor Quantity Demanded) ______________ (increases or decreases)

2- New university is opened in Ahmadi so lots of new families move there.

a.Supply is affected

b.Demand is affected

c.Supply curve is shifted to _____

d.Demand curve is shifted to ______

e.Supply curve moves _____

f.Demand curve moves ______

g.Price (increases or decreases ___________ .

h.(Demandor Quantity Demanded) ______________ (increases or decreases)

3- There is a shortage of brick

a.Supply is affected

b.Demand is affected

c.Supply curve is shifted to _____

d.Demand curve is shifted to ______

e.Supply curve moves _____

f.Demand curve moves ______

g.Price (increases or decreases ___________ .

h.(Demandor Quantity Demanded) ______________ (increases or decreases).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Roger A Arnold

13th Edition

1337617407, 9781337617406

More Books

Students also viewed these Economics questions

Question

Differentiate 3sin(9x+2x)

Answered: 1 week ago

Question

Compute the derivative f(x)=(x-a)(x-b)

Answered: 1 week ago

Question

8. What values do you want others to associate you with?

Answered: 1 week ago