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Loraine Loraine
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Posts: 4563
8 years ago
A rent ceiling controls the rent portion of the cost of housing but not the search cost. So when the search cost is ________ the rent, some people end up paying a ________ opportunity cost for housing than they would if there were no rent ceiling.
A) added to; lower
B) subtracted from; higher
C) subtracted from; lower
D) added to; higher
E) equal to; lower
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 225 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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Loraine Author
wrote...

8 years ago
Thanks
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Smart ... Thanks!
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