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Social Studies, 08.12.2020 17:20 bvallinab
Suppose that in a given city the price of houses rises, on average, 5 percent. Soon after, the quantity supplied of houses for sale rises by 2
percent. The supply of houses for sale is
A. Unit elastic
B. There is not enough data to answer this question
C. Elastic
D. Inelastic
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Answers: 2
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Suppose that in a given city the price of houses rises, on average, 5 percent. Soon after, the quant...
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