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 there is a strictly enforced rent ceiling of $150 per room,
A) the number of rooms rented will increase to 2,000.
B) the number of rooms rented is 1,500.
C) there is a housing surplus of 500 rooms.
D) the number of rooms rented decreases to 1,000.
E) the rent is $175 per room.
Correct Answer:

Verified
Correct Answer:
Verified
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