Which of the following properly describes the events which occur in the market for new houses if the profitability of commercial buildings increases? Question 39 options: A) The supply for new houses decreases. This causes a shortage at the old equilibrium price which causes an upward pressure on the price of new houses. The increased price causes the quantity supplied of new houses to increase and the quantity demanded for new houses to decrease. B) The supply for new houses decreases. This causes a shortage at the old equilibrium price which causes an upward pressure on price of new houses. The increased price causes the supply of new houses to increase and demand for new houses to decrease. C) The supply for new houses increases. This causes surpluses at the old equilibrium price which causes a downward pressure on the price of new houses. The decreased price causes the quantity supplied of new houses to decrease and the quantity demanded of new houses to increase D) The demand for new houses decreases. This causes surpluses at the old equilibrium price which causes a downward pressure on the price of new houses. The decreased price causes the quantity supplied of new