Assume There Is a Simultaneous Decrease in the Incomes of People

question 18

Multiple Choice

Assume there is a simultaneous decrease in the incomes of people in the market for new homes and a decrease in the wages paid to carpenters,plumbers,and electricians.All else constant,we can predict,with certainty,that in the market for new homes the equilibrium:

• A)quantity of new homes will decrease.
• B)quantity of new homes will increase.
• C)price of new homes will decrease.
• D)price of new homes will increase.

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Definitions:

Nonane

Nonane refers to an alkane with the chemical formula C9H20, consisting of a chain of nine carbon atoms.

Molecular Formulas

Notation used to represent the quantity and type of atoms present in a molecule, without displaying bonding or structure.

Sawhorse Structure

A pictorial representation used in chemistry to visualize the spatial arrangement of bonds and atoms in a molecule, providing a three-dimensional perspective.

Eclipsed Conformer

A conformer of a molecule in which adjacent atoms are aligned with minimal spatial separation, leading to maximal torsional strain.