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Based on this graph, how many apartments are property owners willing to rent out at $520?

Based on this graph, how many apartments are property owners willing to rent out at-example-1
User Zakelfassi
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2 Answers

7 votes

The correct answer is 25 apartments.

By looking at the graph, you can see that this is the case because this is the point where monthly rent, apartments, and supply intersect. This intersection represents the optimal number of properties for a property owner to rent out to other people.

User Biju Kunjummen
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The answer you're looking for is 25 apartments at $520 a month. This is also the answer on plato. Yw.
User Yiksanchan
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