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Suppose that the graph below depicts demand and supply curves for newly built homes in San Francisco. Which graph best represents the situation when a

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Suppose that the graph below depicts demand and supply curves for newly built homes in San Francisco. Which graph best represents the situation when a report on improved test score in the SF school system is published?

Figure 2.1

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Figure 2.1 Supply Curve Supply Curve Demand Curve Demand Curve (leftward) (rightward) (leftward) (rightward) Price Price Price Price Quantity Quantity Quantity Quantity (a) (b) (c) (d)

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