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Author Question: An increase in supply will occur when A) the supply curve shifts downward to the right. B) the ... (Read 58 times)

B

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on: Jun 29, 2018
An increase in supply will occur when
 
  A) the supply curve shifts downward to the right.
  B) the supply curve shifts upward to the left.
  C) the demand curve shifts downward to the left.
  D) the demand curve shifts upward to the right.

Question 2

An effective rent control will
 
  A) lead to a surplus of housing units.
  B) keep rents below the competitive market level.
  C) keep rents above the competitive market level.
  D) be set at the price where quantity supplied equals quantity demanded.


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ashely1112

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

A

Answer to Question 2

B


B

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Reply #2 on: Jun 29, 2018
Thank you :)


ashely1112

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Reply #3 on: Jun 29, 2018
Happy to help you


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