Which of the Following Would Lead to an Increase in the Demand

question 119

Multiple Choice

Which of the following would lead to an increase in the demand for rental apartments in your area?

• A) a reduction in the rental price of apartments
• B) a sharp increase in the number of out-of-town students attending the local college
• C) an increase in the cost of the materials used to construct apartment units.
• D) an increase in unemployment and reduction in the income of people in your area

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Definitions:

Independence

The condition or quality of being free from control or influence of another or others, often referring to the sovereignty of a country.

English

A West Germanic language originating from England, now the primary language of international discourse and an official language in several countries worldwide.

Oliver Cromwell

A military and political leader who played a leading role in the English Civil War and ruled as Lord Protector of the Commonwealth of England, Scotland, and Ireland in the mid-17th century.

Commercialism

The emphasis on maximizing profit through advertising and market exploitation, often at the expense of quality or ethics.