Multiple Choice
-The data show the quantity of small bungalows sold in a suburb of Toronto during the month of January.Based on the given data,which of the following is most likely to be UNTRUE of the period?
A) There has been an increase in population.
B) There has been a fall in income.
C) There has been an increase in housing prices.
D) There has been an increase in consumers' preferences toward home ownership.
E) There has been an increase in the number of builders.
Correct Answer:

Verified
Correct Answer:
Verified
Q115: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Assume demand remains
Q116: "Holding all other relevant factors constant,consumers will
Q117: "As the price of personal computers continues
Q118: Assume the demand for flash drives increases,while
Q119: In general,when the demand curve shifts to
Q121: The equilibrium price and quantity of any
Q122: Assume the demand for graphics cards decreases,while
Q123: Suppose that the demand curve for a
Q124: For two goods,X and Y,to be classified
Q125: Suppose that both the equilibrium price and