Question 33 (2 points) A booming economy increases demand for housing. At the same time, there is an unrelated breakthrough M C construction that lowers the cost of building houses. What happens with the equilibrium price and equilibrium quantity in the market for housing? Equilibrium price of housing will decrease, and equilibrium quantity will increase. Equilibrium price of housing will increase, and equilibrium quantity is indeterminate. Equilibrium price of housing is indeterminate, and equilibrium quantity will increase. Equilibrium price of housing will increase, and equilibrium quantity will decrease