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mario62 [17]
4 years ago
8

Which best explains why the supply of housing often cannot keep up with increases in demand?

Biology
2 answers:
chubhunter [2.5K]4 years ago
5 0

Answer:

Housing is expensive and time consuming to build

Explanation:

m_a_m_a [10]4 years ago
3 0
The supply of housing often can not keep up with increases in demand because: 
Zoning laws prevent real estate developers from being creative; 
Supply and demand is a framework we use to explain and predict the equilibrium price and the quantity of good. A point on the market supply curve shows the quantity that suppliers are willing to sell for a given price. A point on the market demand curve shows the quantity that demanders are willing to buy for a given price. 
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