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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Which of the follow is a result of imposing a rent ceiling?
A) Some consumer surplus is converted to producer surplus.
B) There is an increase in the quantity of apartments supplied.
C) There is an increase in the quantity of apartments demanded.
D) The marginal benefit of the last apartment rented is less than the marginal cost of supplying it.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 486 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Top Poster
Posts: 3807
8 years ago
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Tidy Author
wrote...

8 years ago
Good timing, thanks!
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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