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-In the Above Figure, a Rent Ceiling of $300 Per

Question 113

Multiple Choice

-In the above figure, a rent ceiling of $300 per month would A) not affect the equilibrium quantity. B) result in a surplus of 7000 units. C) result in a shortage of 7000 units. D) result in a shortage of 2000 units.
-In the above figure, a rent ceiling of $300 per month would


A) not affect the equilibrium quantity.
B) result in a surplus of 7000 units.
C) result in a shortage of 7000 units.
D) result in a shortage of 2000 units.

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