Jump to content

Need help with first economics project ASAP


Recommended Posts


I have to do a report affecting Supply & Demand in a cetain area (Property Based) anyway I have to obviously acompany it with Diagrams and drawing my first I wanted to show that the price went up but no new houses were built, so to me this suggests Price goes up but quantity does not change right? so does this mean the Demand curve shifts out to the right? or does quantity have to go down if price goes up? I thought the demand curve will only shift if Quantity Demand goes up?!?  Really confused! 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...

Important Information

This website uses cookies to ensure you get the best experience on our website. See our Privacy Policy and Terms of Use