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Use the Following Diagram to Solve the Following Problems

Question 21

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Use the following diagram to solve the following problems.
Use the following diagram to solve the following problems. -Refer to Price Per Unit. Suppose the current market price of apartments is $300 per unit. Explain how the market will adjust to an equilibrium position.
-Refer to Price Per Unit. Suppose the current market price of apartments is $300 per unit. Explain how the market will adjust to an equilibrium position.

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