When a rent ceiling is imposed in a housing market, the ...

[oliviahorn72]

When a rent ceiling is imposed in a housing market, the opportunity cost of housing equals the
 
  A) rent.
  B) market equilibrium rent that would prevail in the absence of a rent ceiling.
  C) value of the time and resources spent searching plus the rent.
  D) consumer surplus.

Question 2

In the figure above, with international trade U.S. companies buy ________ helicopters per year.
 
  A) 240
  B) 480
  C) 720
  D) 360

[matt95]

Answer to Question 1

C

Answer to Question 2

A

[oliviahorn72]

Correct answers!

[matt95]

Great! Please up vote