Figure 3.1
Answer the indicated question(s)by selecting the letter of the following diagrams showing supply and demand shifts that best represent the effect of each event on the relevant market,ceteris paribus.
-Refer to Figure 3.1.Consider the market for new houses.The level of income increases for all consumers.

Question

Figure 3.1
Answer the indicated question(s)by selecting the letter of the following diagrams showing supply and demand shifts that best represent the effect of each event on the relevant market,ceteris paribus. 
-Refer to Figure 3.1.Consider the market for new houses.The level of income increases for all consumers.

Quizplus · Accepted Answer

The Answer of Figure 3.1
Answer the indicated question(s)by selecting the letter of the following diagrams showing supply and demand shifts that best represent the effect of each event on the relevant market,ceteris paribus. 
-Refer to Figure 3.1.Consider the market for new houses.The level of income increases for all consumers.

Figure 3.1 Answer the Indicated Question(s)by Selecting the Letter of the Following