Tasha Is Undecided About Whether to Sell Her House or Not

Multiple Choice

Tasha is undecided about whether to sell her house or not. If the real estate agent comes to her with a $150,000 offer, she will not sell. If the offer is $175,000, she will sell. Think of Tasha as one of hundreds of would-be sellers on the housing market. It illustrates that

A) the demand for real estate is unreliable
B) Tasha's decision making reflects a market-day supply
C) there must be an excess supply of homes
D) the supply curve for homes is upward sloping
E) the supply curve for homes is downward sloping