Question
Which of the following statements is incorrect? Cost of labor affects the supply of housing Housing supply is price inelastic because building permits are difficult
Which of the following statements is incorrect?
Cost of labor affects the supply of housing
Housing supply is price inelastic because building permits are difficult to get
Housing supply is price inelastic because house construction takes time
Housing supply is price elastic because house construction takes time
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
