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Author Question: Suppose the government imposes a price ceiling on rental housing that is below the market-clearing ... (Read 54 times)

urmomsucks

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on: Oct 12, 2022
Suppose the government imposes a price ceiling on rental housing that is below the market-clearing price. The resulting shortage will be
◦ greater the more recently the controlled price went into effect.
◦ smaller the longer the controlled price has been in effect.
◦ smaller the more elastic the demand for rental housing.
◦ diminished over time.
◦ greater the more elastic the demand for rental housing.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by urmomsucks on Oct 12, 2022

breounasmoot

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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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urmomsucks

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Excellent

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