Question

a newspaper reports that in urban area the average price of new homes had decreased, but the number sold had increased. The sitaution would best be explained by an

Answer 1

B. Increase in supply

Step-by-step explanation:

These are the options for the question below;

A. Increase in demand B. Increase in supply C. Decrease in demand D. Decrease in supply.

Whenever there is increase in supply, then the price has reduced, then people Brenda to buy the products because of the reduce price.and that is what happen in this case.