« previous next »

Author Question: When a rent ceiling is imposed in a housing market, the opportunity cost of housing equals the A) ... (Read 192 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
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
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 29, 2018
Correct answers!


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Michelangelo, The Creation of Adam (restored), ceiling of the Sistine Chapel. Michelangelo, The Creation of Adam (restored), ceiling of the Sistine Chapel.
Calcium metabolism in osteoporosis: (a) bone deposition equals bone resorption; (b) bone resorption ... Calcium metabolism in osteoporosis: (a) bone deposition equals bone resorption; (b) bone resorption ...
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library