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Author Question: In the presence of binding rent controls, the shortage of housing is smaller (Read 305 times)

emoedee

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on: Oct 12, 2022
In the presence of binding rent controls, the shortage of housing is smaller
◦ the lower is the elasticity of supply of housing.
◦ the greater is the difference between the equilibrium price and the rent-controlled price.
◦ the more elastic is the long-run supply of housing.
◦ the higher is the elasticity of demand for housing.
◦ the longer is the length of time the rent controls are in place.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by emoedee on Oct 12, 2022

BryanAultm

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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emoedee

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

bigsis44

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

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