Question: Supply So 2 points Ao P eBook Demand Print Do References Quantity (per unit of time) Qo New Equilibrium Update The market is in equilibrium.

Supply So 2 points Ao P eBook Demand Print Do References Quantity (per unit of time) Qo New Equilibrium Update The market is in equilibrium. Market price will not change. Suppose that there is an increase in demand for this type of housing. Instructions: Use the interactive above to model this shock. Does demand shift inward or outward? ((Click to select) : At the original equilibrium price does this lead to a surplus or shortage? (Click to select)

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