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homework trouble, Microeconomics
a curve on a graph shows the relationship between apartment rent in a town and the quantitiy of apartments that people want at each rent. A new industry enters the town and the population of the town increases.
When the poplulation increases.
.A: there is a movement downward along the curve.
B: the price of an apartment falls.
C: we can no longer isolate the variable of interest.
D: the curve shifts.
Posted Date: 9/25/2012 5:14:47 PM | Location : United States
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