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Business, 06.04.2021 01:00 mfweldon64

The equilibrium price and quantity in the market for houses has increased. Two analysts offer an explanation of how this could have occurred. Analyst 1 says that this outcome occurred because sellers expect the price of houses to be higher in the future. Analyst 2 says that this outcome provides evidence that the law of demand does not hold. Which analyst is correct: Analyst 1, Analyst 2, or neither

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The equilibrium price and quantity in the market for houses has increased. Two analysts offer an exp...

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