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Author Question: FIGURE 5-4Refer to Figure 5-4. Suppose the government sets a rent ceiling at $900. In this ... (Read 68 times)

connormoss

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on: Oct 12, 2022

Question 1




FIGURE 5-4

Refer to Figure 5-4. Suppose the government imposes a rent-controlled price of $600 per month on apartments in this city. In the long run we can expect the shortage of apartments to be ________ units.


◦ 200
◦ 0
◦ 1000
◦ 300
◦ 800

Question 2




FIGURE 5-4

Refer to Figure 5-4. Suppose the government sets a rent ceiling at $900. In this situation, the rental price for an apartment is


◦ any rent above $900.
◦ $900.
◦ any rent below $600.
◦ $600.
◦ the same as the free-market equilibrium rental price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by connormoss on Oct 12, 2022

khammond77

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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connormoss

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Reply 2 on: Oct 12, 2022
Excellent

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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