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Suppose the price of land increases. At the same time, income increases. What would happen to the equilibrium price and quantity of housing?


A、Equilibrium price will decrease. We cannot predict what will happen to equilibrium quantity.;
B、Equilibrium price will increase. We cannot predict what will happen to equilibrium quantity.;
C、Equilibrium quantity will decrease. We cannot predict what will happen to equilibrium price.;
D、Equilibrium quantity will increase. We cannot predict what will happen to equilibrium price.

发布时间:2025-06-29 04:02:59
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答案:Equilibrium price will increase. We cannot predict what will happen to equilibrium quantity.
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