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Use the Figure Below to Answer the Following Questions

Question 73

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 6.1.1 -Refer to Figure 6.1.1.Suppose the demand for rental housing is shown by demand curve D<sub>1</sub>,and there is a rent ceiling of $150 per room.What is the potential loss from housing search? A) $300,000 B) $225,000 C) $50 D) $75,000 E) $0 Figure 6.1.1
-Refer to Figure 6.1.1.Suppose the demand for rental housing is shown by demand curve D1,and there is a rent ceiling of $150 per room.What is the potential loss from housing search?


A) $300,000
B) $225,000
C) $50
D) $75,000
E) $0

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