Question 2 Not yet answered Suppose the supply of houses is determined by two variables (1 and R) in the following way: h(IR) = a log/+DR+CR log I, where a, b, and c are all constants. How does housing supply respond to changes in and R), Points out of 1 P Flag question Select one: a. ar ater and ar =b+clog! and ar =b+cR log1 an b. ar an Car at an =b+ CR log / 1 and ar O d. ar + CR log! ah and OR = b + clog! Question 3 Not yet answered The relation between the total cost of running a school (C) and the number of teachers (T) and students (S ) is given below. What is the marginal cost of adding another student when there are 50 students and 10 teachers? Points out of 1 Flag question C=5+ 4 * log(s) + 10 Select one: a. 0.08 b. 100.08 c. 100 d. 4