In the following graph, if the supply curves that are drawn represent supply curves for single-family residential houses, then the movement from S to S' could be caused by a(n) ______.
A、increase in the price of apartments which are a substitute for single-family houses for many people looking for a place to live
B、newly-formed expectation by house-builders that prices of houses will increase significantly in the next six months
C、decrease in the price of lumber
D、All of the above are correct.

A、increase in the price of apartments which are a substitute for single-family houses for many people looking for a place to live
B、newly-formed expectation by house-builders that prices of houses will increase significantly in the next six months
C、decrease in the price of lumber
D、All of the above are correct.
微观经济学(全英)
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20