Home » Online Course » The equilibrium price of houses in the San Francisco Bay Area has risen dramatically in recent years because: The equilibrium price of houses in the San Francisco Bay Area has risen dramatically in recent years because: 4. Question 4 The equilibrium price of houses in the San Francisco Bay Area has risen dramatically in recent years because: 1 point there has been an enormous increase in quantity demanded. there has been an enormous increase in demand. there has been an enormous increase in quantity supplied. there has been an enormous increase in supply. Other Questions Of This Category Suppose 100 pretzels are demanded at a given price. If the price of pretzels rises by 5% and the number of pretzels demanded falls to 92, it can be concluded that:.Corporate Financial Decision Making for Value CreationAn expectation that the price of housing will increase more rapidly in coming years will cause the:If price changes from $4.75 to $5.25 and quantity demanded changes from 1,025 to 975 units, then the price elasticity of demand is approximately:An increase in supply, other things equal, will cause the:Principles of Corporate Finance A Tale of ValueAlternative Approaches to Valuation and InvestmentInternet History Technology Security QuizDemand Schedule Price Quantity Sold Marginal Cost $200 100 $100 $175 250 $100 $150 400 $100 $125 600 $100 Using the demand schedule above, which price-quantity combination is most profitable for the…Digital Transformation QuizSupply Chain Sourcing QuizMoralities of Everyday Life QuizGlobal Financial Markets and Instruments QuizFundamentals of financial and management accounting QuizMergers and Acquisitions The Relentless Pursuit of Synergy