Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: corie on Oct 24, 2017



Title: Other things being equal, the increase in rents that occurs after rent controls are abolished is ...
Post by: corie on Oct 24, 2017
Other things being equal, the increase in rents that occurs after rent controls are abolished is smaller when
A) the own price elasticity of demand for rental homes is price inelastic.
B) the own price elasticity of demand for rental homes is price elastic.
C) the own price elasticity of demand for rental homes has unitary price elasticity.
D) rented homes and owned homes are complements.
E) rented homes and owned homes are substitutes.


Title: Re: Other things being equal, the increase in rents that occurs after rent controls are abolished is ...
Post by: oracledarren on Oct 24, 2017
Content hidden