Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Figure: Rent Controls) Use Figure: Rent Controls.If rent controls are set at Rent₃:

A) the shortage of rental units is the distance Q₃ - Q₁.
B) some renters will be willing to pay a price as high as Rent₄ for Q₃ units.
C) no one will have to pay a higher actual price than Rent₀,nor will anyone be willing to do so.
D) rent will remain at Rent₂.