According to a supply and demand model for houses, if the average household income decreases at the same time that 1,000 houses are completed, one would expect the short - term equilibrium
O quantity of houses in the market to decrease and the equilibrium price of houses to stay the same.
O price of houses to be indeterminate and the equilibrium quantity of houses in the market to increase.
O price of houses to increase and the equilibrium quantity of houses in the market to decrease.
O quantity of houses in the market to decrease and the equilibrium price of houses to be indeterminate.
O quantity of houses in the market to be indeterminate and the equilibrium price of houses to decrease.