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dimulka [17.4K]
3 years ago
5

Now suppose that the supply of new homes put on the market​ dropped, but price still stayed the same at​ $200,000. this could on

ly have occurred​ if:
Business
1 answer:
GenaCL600 [577]3 years ago
5 0

If demand also dropped.

If supply goes down and demand goes up, the price would rise.

If supply goes down and demand stays the same, the price would still rise.

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