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When the curve shifts up, the equilibrium price may increase. Although a single business cannot affect the shape of these curves, the combined actions of businesses and consumers affect the supply ...
Both the supply curve and the demand curve will maintain their form and rate of increase or decrease. What does change, however, is the position that the curve occupies on the graph.
Demand for new houses over the past 50 years has generally shifted outward with rising incomes and an increasing population, though it has shifted inward during periods of recession. Supply for new ...
There are many arguments against the tax credit. One argument we make is that the tax credit is a benefit for sellers of houses more than for buyers of houses. This is simplest to see if you imagine a ...