When analyzing the housing market the supply curvea will be, Ask an Expert

Economics

When analyzing the housing market, the supply curve

a. will be upward sloping because the higher the price of a house the more that will exist

b. will be horizontal to illustrate that the supply of housing is a stock variable

c. will be downward sloping; that is what went wrong with the housing market

d. will be vertical to illustrate that the supply of housing is a stock variable

e. could be horizontal, vertical or upward sloping depending upon the housing market in question

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272206

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