Author Question: One positive aspect of rent ceilings is that they help reduce the time and expense associated with ... (Read 118 times)

joblessjake · **on:** Jun 29, 2018

One positive aspect of rent ceilings is that they help reduce the time and expense associated with apartment hunting.

Indicate whether the statement is true or false

Question 2

The figure above shows the market for transportation services, which produces an external cost due to the air pollution that is created. The efficient quantity of transportation services is ________ and the corresponding price is ________.

A) 120; 14
B) 120; 8
C) 80; 12
D) 80; 6