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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: Suppose the market clearing rate for apartments in Yazoo City, Mississippi is $400 per month, but a
Post by: Sublight2097 on Jun 20, 2015
Suppose the market clearing rate for apartments in Yazoo City, Mississippi is $400 per month, but a rent control is set at $600 per month. Which of the following would tend to occur in the community?
A) A shortage of apartments
B) An increase in the quantity demanded for apartments
C) Both of the above.
D) Neither of the above.


Title: Re: Suppose the market clearing rate for apartments in Yazoo City, Mississippi is $400 per month, bu
Post by: Smoooth on Aug 13, 2015
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Title: Re: Suppose the market clearing rate for apartments in Yazoo City, Mississippi is $400 per month, but a
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: Suppose the market clearing rate for apartments in Yazoo City, Mississippi is $400 per month, but a
Post by: Smoooth on Aug 31, 2015
You're welcome :-]