New residents moving into a growing community increase the

Question

Quizplus · Accepted Answer

As new residents move into a growing community, there is an increase in the demand for housing. This means that the quantity demanded of housing (option D) will also increase, but the best choice to describe the overall effect is an increase in demand for housing (option E). The size or elegance of housing (options A and B) may also increase as developers try to accommodate the growing demand, but it is not a direct result of new residents moving in. Housing surplus (option C) suggests that there is an excess supply of housing, which would not be the case with an increase in demand due to new residents moving in.

New Residents Moving into a Growing Community Increase the