Scenario: Vacant Houses, Foreclosed or Abandoned, Are Typically Boarded Up

question 152

Multiple Choice

Scenario: Vacant houses, foreclosed or abandoned, are typically boarded up with plywood that many people consider unsightly and likely to invite vandalism. An alternative is clear plastic (polycarbonate) panels. The figure below shows the demand and the supply of polycarbonate panels used for boarding up houses in a hypothetical town. Suppose that there are 140 houses that are vacant and the town council makes it illegal to use plywood to board them up, leaving only polycarbonate panels as an alternative. To answer some of the questions below, it will be useful to find the equations of the three lines in the figure.

-Refer to the scenario above.What would be the price of a polycarbonate panel after the ban on plywood?

• A) $200
• B) $150
• C) $140
• D) $100

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Definitions:

Attachments

Emotional bonds that form between individuals, such as those between parents and their children or between romantic partners.

Depressed People

Individuals experiencing a persistent feeling of sadness or loss of interest, which affects their daily functioning.

Permanent

Something that lasts indefinitely without change, enduring over time without end.

Depressive Disorders

A group of conditions characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, affecting daily functioning.