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 Supply Chain Analytics Essentials QuizSuppose 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:.Principles of Corporate Finance A Tale of ValueCorporate Financial Decision Making for Value CreationAn expectation that the price of housing will increase more rapidly in coming years will cause the:An increase in supply, other things equal, will cause the:English for Science Technology EngineeringDemand 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…Pricing Strategy QuizThe Role of Global Capital MarketsIf 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:Meeting Investors Goal QuizThe Language and Tools of Financial AnalysisManaging Employee Compensation QuizSupply Chain Sourcing Quiz