Is The Supply Curve For Housing Is Perfectly Inelastic Then A Reduction In Demand Will Cause The Equilibrium Price To?
Is The Supply Curve For Housing Is Perfectly Inelastic Then A Reduction In Demand Will Cause The Equilibrium Price To? If the supply curve for housing is perfectly inelastic, then a reduction in demand will cause the equilibrium price to: fall and the equilibrium quantity to stay the same. What happens to the price and