If an Effective Rent Ceiling Is Implemented, What Would Happen

Multiple Choice

If an effective rent ceiling is implemented, what would happen in the market for apartment rentals?

A) The demand curve would not shift, resulting in a shortage of accommodations.
B) The demand curve would shift to the left, leading to a decrease in price.
C) The demand curve would not shift, resulting in a surplus of accommodations.
D) The demand curve would shift to the right, leading to an increase in price.