Question

Economic
Consider a market for apartments. What would effect on equilibrium price and quantity after the following change
(a). A rise in the income of consumers.
(b). A 10 percent per month tax on apartments rentals.
(C). Migration from home country to foreign countries.
(d). a sophisticated technology used in construction industry

Answer 1

Answer:

Consider a competitive market for apartments. ... What would be the effect on the equilibrium output. ... effect on the equilibrium output and price after the following changes(other things ... b) A $10 per month tax on apartment rentals ... A) A rise in the income of consumers will result in the shift of the demand curv

Explanation:

Answer 2

Answer:

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Explanation:

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