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There are a number of non-price factors which might impact the supply of housing. One of these is the cost of labour. Referring to Figure
There are a number of non-price factors which might impact the supply of housing. One of these is the cost of labour. Referring to Figure 1, above, explain how a fall in the cost of bricklayers, joiners and other housing tradespeople impacts on the equilibrium quantity of houses bought and their price
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