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fattykay92 fattykay92
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4 years ago
All of the below are examples of negative effects of imposing rent control EXCEPT:

▸ persons who get a place to live pay lower rent.

▸ renters must pay non-refundable security deposits.

▸ some people who would have rented apartments before rent control will not rent.

▸ producer surplus decreases.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
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mnp2357mnp2357
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fattykay92 Author
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4 years ago
Thank you, thank you, thank you!
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