K If there aren't many homes on the market, you'll have buyers competing for the same houses, which will increase the market values. Conversely, if there are lots of homes and few buyers, market value would decrease due to the overabundance of supply. This is known as the: The law of least privilege. The law of supply and demand. The principle of fluctuating inventory. The principle of opposing constraints.
K If there aren't many homes on the market, you'll have buyers competing for the same houses, which will increase the market values. Conversely, if there are lots of homes and few buyers, market value would decrease due to the overabundance of supply. This is known as the: The law of least privilege. The law of supply and demand. The principle of fluctuating inventory. The principle of opposing constraints.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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If there aren't many homes on the market, you'll have buyers competing
for the same houses, which will increase the market values. Conversely, if
there are lots of homes and few buyers, market value would decrease due
to the overabundance of supply. This is known as the:
The law of least privilege.
The law of supply and demand.
The principle of fluctuating inventory.
The principle of opposing constraints.
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