Imagine that the cost of construction materials decrease. At the same time, potential homebuyers believe that...

  

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Imagine that the cost of construction materials decrease. At the same time, potential homebuyers believe that housing prices will decrease in the future. Considering only the aforementioned facts on a demand and supply graph, how will the equilibrium of homes change today? Price S la Quantity a b с The equilibrium will be at C before the shocks and at B after the shocks The equilibrium will be at A before the shocks and at E after the shocks The equilibrium will be at B before the shocks and at Cafter the shocks The equilibrium will be at C before the shocks and at E after the shocks Imagine that the cost of construction materials decrease. At the same time, potential homebuyers believe that housing prices will decrease in the future. Considering only the aforementioned facts on a demand and supply graph, how will the equilibrium of homes change today? Price S la Quantity a b с The equilibrium will be at C before the shocks and at B after the shocks The equilibrium will be at A before the shocks and at E after the shocks The equilibrium will be at B before the shocks and at Cafter the shocks The equilibrium will be at C before the shocks and at E after the shocks

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