In January 2025
Answer to Question #198503 in Microeconomics for Ondisa
What would be the effect of the decision on property price. Is there a possibility of a property bubble?
A decision made by a firm manager or a business owner can make the price of a commodity to increase or decrease, hence the quantity of good or service demanded will decrease when the price is increased.
Based on this, there is a possibility of a property bubble
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