Multiple Choice
As the baby boom generation continues to age,what will happen to the equilibrium price and quantity of homes in retirement communities?
A) Price will increase,quantity will decrease
B) Price will increase,quantity will increase
C) Price will decrease,quantity will decrease
D) Price will decrease,quantity will increase
E) The new equilibrium price and quantity can not be determined
Correct Answer:
Verified
Correct Answer:
Verified
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