Suppose that in 2012 a Canadian city experiences a big increase in the amount of commercial space that is available for rent.What is most likely to occur?
A) The rents for commercial space will not be affected.
B) Rents will go up.
C) Rents will go down as long as there is not a big increase in demand.
D) Resource prices will increase.
E) Demand will increase in line with supply.
Correct Answer:
Verified
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