Since rent control outlaws transactions the would make both the consumer and supplier better off, ...

emyleepatton

wrote...

Go to Answer

Posts: 487

Rep:

4 years ago

Since rent control outlaws transactions the would make both the consumer and supplier better off, ...

Since rent control outlaws transactions the would make both the consumer and supplier better off, then rent control:

▸ causes excess demand and increases total surplus.

▸ causes inefficiency.

▸ decreases total surplus.

▸ B and C are correct.

Textbook

Microeconomics: Principles, Applications, and Tools

Edition: 8^th

Authors: O'Sullivan, Sheffrin, Perez

Read 109 times

1 Reply

Report

Replies

Answer verified by a subject expert

Kaajalp

wrote...

Posts: 367

Rep:

4 years ago

More solutions for this book are available here

Report

Related Topics

emyleepatton Author

wrote...

4 years ago

This site is awesome

my life

wrote...

Yesterday

Thanks

carston

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1279 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

317

371

216

Your Opinion

Previous poll results: Does a gender wage gap exist in America?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.