Answer:
Assume that you would engage in all of the following activities. Then consider what else you could be doing with your time or money if you decided not to engage in those activities. Finally, choose your next best option to determine the opportunity cost for you for each activity. Be sure to fill in the last activity space within the activity of your choice.
Explanation
Answer:
The primary factor influencing demand for housing is the price of housing. By the law of demand, as price decreases, the quantity of housing demanded increases. The demand for housing also depends on the wealth of households, their current income, and interest rates.
It refers to the wall street crash of 1929.
