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Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: Sherry wants to rent an apartment. Although rents are below what she is willing
Post by: Lauren1 on Nov 11, 2014
Sherry wants to rent an apartment. Although rents are below what she is willing to pay, she cannot find an apartment. Then after a month of searching, she finds an apartment but she has to pay an additional $1,000 to have the locks changed. Sherry has just experienced the effects of ________.
A) a rent floor with a black market
B) inelastic demand
C) a market working efficiently
D) a rent ceiling


Title: Re: Sherry wants to rent an apartment. Although rents are below what she is willing
Post by: MrDereche on Nov 14, 2014
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Title: Re: Sherry wants to rent an apartment. Although rents are below what she is willing
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: Sherry wants to rent an apartment. Although rents are below what she is willing
Post by: MrDereche on Nov 17, 2014
You're welcome!