asked 69.4k views
2 votes
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

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.

answered
User Biju Kunjummen
by
8.1k points
2 votes
The answer you're looking for is 25 apartments at $520 a month. This is also the answer on plato. Yw.
answered
User Yiksanchan
by
8.3k points
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