Who is most likely to benefit from rent controls?
A) consumers who are able to obtain apartments at the controlled rents
B) consumers who are unable to obtain apartments at the controlled rents
C) landowners who can lease the apartments at the controlled rents
D) the government that controls the rents
Question 2
If a person can make 70,000 as an accountant, 60,000 as a chef, 20,000 as a mechanic, and nothing as an opera singer, he or she has a comparative advantage in
A) accounting.
B) being a chef.
C) being a mechanic.
D) opera singing.
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