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The Following Questions Refer to the Graph Below

Question 37

Multiple Choice

The Following Questions Refer to the graph below. The Following Questions Refer to the graph below. -An increase in rent that leads to increased profitability of producing rental housing will lead to which of the following shifts in the long run? A) DD to D<sub>1</sub>D<sub>1</sub> B) D<sub>1</sub>D<sub>1</sub> to DD C) S<sub>1</sub>S<sub>1</sub> to SS D) SS to S<sub>1</sub>S<sub>1</sub> E) None of the above
-An increase in rent that leads to increased profitability of producing rental housing will lead to which of the following shifts in the long run?


A) DD to D1D1
B) D1D1 to DD
C) S1S1 to SS
D) SS to S1S1
E) None of the above

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