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Loraine Loraine
wrote...
Posts: 4563
8 years ago
The graph shows the market for ski chalets in Aspen. The Aspen Tourist Board asks the local government to impose a rent ceiling on ski chalets. If the rent ceiling is set at $1,900 a week, then there is
A) a shortage of 3,000 chalets a week.
B) a surplus of 3,000 chalets a week.
C) neither a shortage nor surplus of chalets.
D) a shortage of 6,000 chalets a week.
E) a surplus of 6,000 chalets a week.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 538 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Good timing, thanks!
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