An increase in the rent of two bedroom apartments

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Reference no: EM131073990

An increase in the rent of two bedroom apartments in Austin is likely to:

a. increase the price of living in a dormitory at UT.

b. increase the demand for apartment rentals in Austin

c. decrease the supply of dormitory rooms at UT

d. shift the demand curve for dormitory rooms to the left

Reference no: EM131073990

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