The equilibrium price of rental houses has increased by 7 per cent in the last three years. Which of the following will NOT be a cause for the increase in rental price? (a) There has been an increase in the number of investment properties available for rent. (b) The landlord faces increased advertising fees. (C) New laws require that all rental house owners must provide insurance for their tenants. (d) The cost of building materials has increased.

The equilibrium price of rental houses has increased by 7 per cent in the last three years. Which of the following will NOT be a cause for the increase in rental price? (a) There has been an increase in the number of investment properties available for rent. (b) The landlord faces increased advertising fees. (C) New laws require that all rental house owners must provide insurance for their tenants. (d) The cost of building materials has increased.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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