Author Question: Which of the following is most likely to be observed in a community where legal ceilings are imposed ... (Read 92 times)

jessicacav · **on:** Jun 29, 2018

Which of the following is most likely to be observed in a community where legal ceilings are imposed on residential rents?

A) Landlords will do a better job of property maintenance.
B) People moving into the community will have difficulty locating residential space to rent.
C) Poor people will be able to find adequate housing.
D) Tenants will reduce their use of housing space.
E) The people most in need of housing will be able to obtain the space they want.

Question 2

Someone who earns her living rolling out pizza dough

A) is inefficiently employed if she could shift to another occupation and produce more than the person she replaces.
B) is inefficiently employed if someone else could roll out more dough in less time.
C) thinks she has a comparative advantage in rolling out pizza dough.
D) All of the above are true.