25- Suppose prices for new homes have risen, yet sales of new homes have also ri
ID: 1187725 • Letter: 2
Question
25- Suppose prices for new homes have risen, yet sales of new homes have also risen. We can conclude that: Question 25 options:a- the demand for new homes has risen.
b- the law of demand has been violated.
c- new firms have entered the construction industry.
d- construction firms must be facing higher costs. 25- Suppose prices for new homes have risen, yet sales of new homes have also risen. We can conclude that: 25- Suppose prices for new homes have risen, yet sales of new homes have also risen. We can conclude that:
a- the demand for new homes has risen.
b- the law of demand has been violated.
c- new firms have entered the construction industry.
d- construction firms must be facing higher costs. a- the demand for new homes has risen. b- the law of demand has been violated. c- new firms have entered the construction industry. d- construction firms must be facing higher costs.
a- the demand for new homes has risen.
b- the law of demand has been violated.
c- new firms have entered the construction industry.
d- construction firms must be facing higher costs.
Explanation / Answer
a- the demand for new homes has risen.a- the demand for new homes has risen.
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