ANSWERS TO CHAPTER 10

Part 1

1. 

   a. $13, $3

   b. 5, $8

   c. SEE NEW DEMAND

   d. 3

   e. $6

   f. $10

   g. SEE NEW SUPPLY

   h. 2

   i. $7

   j. $11

   k. $5

   l. $6

   m. 6

2. 

   a. 8, $6

   b. SEE NEW DEMAND

   c. 6, $8

   d. SEE NEW SUPPLY

   e. 2, $6

   f. $12

   g. Suburban housing is a substitute for city housing

   D: +

   S: 0

   P: +

   Q: +