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Author Question: A rent control law, where tenants pay below-market rents, is a market restriction that may induce a ... (Read 57 times)

imowrer

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on: Jun 30, 2018
A rent control law, where tenants pay below-market rents, is a market restriction that may induce a decrease in the supply of rented apartments.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The bowed production possibilities curve represents:
 a. constant opportunity costs.
 b. decreasing opportunity costs.
  c. increasing opportunity costs.
  d. none of the above


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vish98

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


imowrer

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  • Posts: 514
Reply 2 on: Jun 30, 2018
Wow, this really help

hramirez205

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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