O -4.0 O -0.4 Question 5 2.5 pts Consider the market for new, single-family homes in a certain region. Suppose the costs of building materials suddenly go up substantially. Also, at about the same time, rental rates on apartments rise sharply. With only this information, what is the likely effect on equilibrium prices and quantities in the market for new, single-family homes in this region? O Prices will go up; we can't tell what will happen to quantity. Prices will go up; quantity will go down. We can't tell what will happen to prices; quantity will go down. O Prices will go up; quantity will go up. Question 6 2.5 pts Industry A has a HHI of 800; industry B has a HHI of 5,400. Which of the following statements is most likely to be correct