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Author Question: The objective of rent controls is to A) ensure an adequate supply of rental housing for the poor. ... (Read 94 times)

schs14

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  • Posts: 569
on: Jun 29, 2018
The objective of rent controls is to
 
  A) ensure an adequate supply of rental housing for the poor.
  B) keep rents below levels that would be observed in a freely competitive market.
  C) encourage the construction of new rental units.
  D) raise revenue for the local government.

Question 2

All of the following can create an oligopolistic structure EXCEPT
 
  A) low barriers to entry.
  B) economies of scale.
  C) government licensing rules.
  D) mergers.


joechoochoy

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

B

Answer to Question 2

A


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