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Sixth Assignment 1. Shop what happens to the housing market price and quantity when there is a. Increase in the price of wood. b. Increase

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Sixth Assignment 1. Shop what happens to the housing market price and quantity when there is a. Increase in the price of wood. b. Increase in the mortgage rate. C. Consolidation (decrease in firms) in the builders industry. Increase in income from exiting a pandemic. 2. Graph the Market and Find the Equilibrium Price & Quantity where: Demand if given as P = 28 - = Q Supply if given as P = =

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