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Author Question: Rent controls carry long-run unintended consequences, such as A) a fairer price for people who ... (Read 93 times)

appyboo

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on: Jun 29, 2018
Rent controls carry long-run unintended consequences, such as
 
  A) a fairer price for people who can't afford market-determined rents.
  B) improved quality of apartment units.
  C) fewer apartment units as landlords seek substitute uses of their property.
  D) an increase in rental price competition among landlords.

Question 2

Refer to the scenario above. After the implementation of the tax, Thomas's expenditure on wine will:
 
  A) remain the same.
  B) increase by 50.
  C) decrease by 50.
  D) increase by 100.


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braelync

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


appyboo

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Reply 2 on: Jun 29, 2018
Excellent

daiying98

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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