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Submit E1 Q8 Homework. Unanswered The rents for apartments in Suburbsville have increased by $100 this year. Yet more apartme
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Answer #1

Here in the given question we can clearly see that the rent of apartments has been increased but still demand is more as compared to last year

It clearly shows that demand for housing has increased

But the supply remains the same which causes increase in the price

Hence the correct answer is option A

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