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Author Question: Assume the long-run supply of housing is highly elastic. The imposition of binding rent controls will lead to (Read 89 times)

zl00505

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on: Oct 12, 2022
Assume the long-run supply of housing is highly elastic. The imposition of binding rent controls will lead to
◦ only a temporary housing shortage.
◦ no significant change in the housing shortage over time.
◦ a worsening of the housing shortage over time.
◦ the price of rental housing reverting back to its free-market equilibrium level.
◦ a reduction in the housing shortage over time.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by zl00505 on Oct 12, 2022

as4309

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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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zl00505

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

miss.ashley

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Reply 3 on: Yesterday
Excellent

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