Suppose that there is an increase in the equilibrium price (=rent) and quantity (=units rented) of condos in Santa Barbara. Which of the following could be the cause of this change? The demand for condos increased and the supply did not change. O The supply of condos increased and the demand for condos did not change. O Both the demand and supply of condos decreased. Both the demand and the supply for condos increased and supply increased by more than the demand.

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