Changes in Income Worksheet Solution - House Price Simulation [Virtual Learning Arcade]
Determining the price of a house: Household Income | |
Change in the Input Parameters: Supply & Demand Conditions
| |
Household Income (£)
|
£23000
|
|
Outputs - Price and Quantity Levels
| |
New Price (£)
|
52208.33
| |
New Quantity
|
34566.67
| |
Price Change (%)
|
3.31
| |
Quantity Change (%)
|
4.03
| |
Submitted by bized on Wed, 14/03/2001 - 13:00
