Multiple Choice
Use the figure below to answer the following questions. Figure 6.1.1
-Refer to Figure 6.1.1.If the demand for rental housing increases and the demand curve shifts rightward from D0 to D1,and the market is unregulated,the number of rooms rented is
A) 1,500,and the rent rises to $200 a month.
B) 2,000,and the rent is at its initial level.
C) 1,750,and the rent rises to $175 a month.
D) 2,000,and the rent rises to $200 a month.
E) 1,750,and the rent rises to $200 a month.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Which one of the following is not
Q20: An effective production quota is<br>A)efficient because it
Q21: If a sales tax is imposed on
Q22: Use the table below to answer the
Q23: Use the figure below to answer the
Q25: An effective production quota<br>A)increases the marginal social
Q26: When a price ceiling is set below
Q27: Use the table below to answer the
Q28: Use the table below to answer the
Q29: Use the figure below to answer the