If the Quantity of Housing Supplied in a Community Is

question 1

Multiple Choice

If the quantity of housing supplied in a community is greater than the quantity of houses demanded,the existing price:

• A)is above the market equilibrium price.
• B)will rise to clear the market.
• C)will either rise or remain unchanged.
• D)is below the market equilibrium price.

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Definitions:

Ginkgos

A genus of highly unique trees known for their distinctive fan-shaped leaves; considered living fossils, as they have no close living relatives.

Gymnosperm

A group of seed-producing plants that includes conifers, cycads, ginkgo, and gnetophytes, which do not form flowers and fruits.

Ferns

A group of non-flowering plants that reproduce via spores, featuring large leaves and lacking seeds and flowers.

Rhizoids

Thin, root-like structures found in non-vascular plants, fungi, and some protists, serving primarily for attachment and in some cases, absorption.