This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The graph shows the market for apartments in San Francisco. Assume that P1=$0.50, P2=$4.50, ... (Read 113 times)

mimie

  • Full Member
  • ***
  • Posts: 138
on: Nov 23, 2022
The graph shows the market for apartments in San Francisco.
 

Assume that P1=$0.50, P2=$4.50, P3=$7.25, P4=$14.25, P5=$19.00, Q1=60, Q2=160, and Q3=235. What is the maximum price a landlord can legally charge for an apartment? How many apartments are rented at that price? At the rent control price, there is a ________ (shortage/surplus) equal to ________. What is the black market price of an apartment? How many apartments are rented at that price?
◦ $4.50, 60, shortage, 175, $14.25, 60
◦ $4.50, 60, surplus, 100, $7.25, 160
◦ $4.50, 60, surplus,175, $7.25, 160
◦ $4.50, 60, shortage, 100, $14.25, 60
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mimie on Nov 23, 2022

Tussalpain

  • Full Member
  • ***
  • Posts: 189
Reply #1 on: Nov 23, 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.
Answer Preview
Only 29% of students answer this correctly


mimie

  • Member
  • Posts: 138
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

This illustration shows the decibel level in various locations and associated with different ... This illustration shows the decibel level in various locations and associated with different ...
Nomogram chart. This example shows a line drawn from a child’s height of 100 cm to his weight, 35 ... Nomogram chart. This example shows a line drawn from a child’s height of 100 cm to his weight, 35 ...
How to graph line equations without a table of values How to graph line equations without a table of values
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Sketch a graph of the function h(x), by hand on the following interval: Sketch a graph of the function h(x), by hand on the following interval:
Events in human fertilization. The light micrograph shows a fertilized human oocyte. Events in human fertilization. The light micrograph shows a fertilized human oocyte.
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library