Which will have a more price-elastic supply over six months: real estate in downtown Manhattan or real

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Which will have a more price-elastic supply over six months: real estate in downtown Manhattan or real estate in rural Oklahoma? Explain your reasoning.

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Question Posted: Nov 27, 2015 02:09 AM

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Which will have a more price-elastic supply over six months: real estate in downtown Manhattan or real

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Real estate in rural Oklahoma will be more priceelastic in the short run than r...View the full answer

Microeconomics

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