The supply curve for housing in the very short run is likely to be

A) very elastic.
B) very inelastic.
C) unit-elastic elastic.
D) perfectly elastic.

B

Economics

You might also like to view...

Other things remaining the same, a fall in the price of peanuts will ________

A. increase the supply of peanuts B. decrease the supply of peanut butter C. decrease the quantity supplied of peanuts D. decrease the supply of peanuts

Economics

Incentives to provide resources to less qualified individuals are referred to as

a. adverse selection b. forced saving c. moral hazard d. seigniorage e. all of the above

Economics