Which of the following will increase the supply of new construction?
A) an increase in the use of machinery
B) a decrease in the price of new houses
C) an increase in the price of new houses
D) a decrease in the price of lumber
Correct Answer:
Verified
Q22: The quantity supplied of any product:
A) increases
Q23: If construction workers achieve a wage increase
Q24: Which of the following will not cause
Q25: When we refer to an increase in
Q26: Which of the following will increase the
Q28: If potatoes and rice are substitutes for
Q29: An increase in the price of gasoline
Q30: If the market price for houses is
Q31: The introduction of labour-saving machinery in the
Q32: If the market price for a product
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents