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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
A rent ceiling results in a shortage of apartments. As a result, there is
A) only a loss of consumer surplus for tenants.
B) only a loss of producer surplus for landlords.
C) a loss of both consumer and producer surplus.
D) a gain of both consumer and producer surplus.
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3 Replies
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4097
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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