CIMA Fundamentals of Business Economics BA1 Question # 126 Topic 13 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 126 Topic 13 Discussion

BA1 Exam Topic 13 Question 126 Discussion:
Question #: 126
Topic #: 13

The graph shows house prices in Lingford, a large urban town in a prosperous region.

BA1 Question 126

Which of the following would be the equilibrium price for houses in Lingford?


A.

£390,000


B.

£400,000


C.

£410,000


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