When analyzing the housing market, the supply curve

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a. will be upward sloping because the higher the price of a house the more that will exist

b. will be horizontal to illustrate that the supply of housing is a stock variable

c. will be downward sloping; that is what went wrong with the housing market

d. will be vertical to illustrate that the supply of housing is a stock variable

e. could be horizontal, vertical or upward sloping depending upon the housing market in question

Reference no: EM13732844

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