« previous next »

Author Question: When a rent ceiling is imposed in a housing market, the opportunity cost of housing equals the A) ... (Read 149 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
When a rent ceiling is imposed in a housing market, the opportunity cost of housing equals the
 
  A) rent.
  B) market equilibrium rent that would prevail in the absence of a rent ceiling.
  C) value of the time and resources spent searching plus the rent.
  D) consumer surplus.

Question 2

In the figure above, with international trade U.S. companies buy ________ helicopters per year.
 
  A) 240
  B) 480
  C) 720
  D) 360
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 29, 2018
Correct answers!


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
BISON: Ceiling of a cave at Altamira BISON: Ceiling of a cave at Altamira
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Cost of Going to School Cost of Going to School
Video: Leukemia

For a complete list of videos, visit our video library