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Which of the Following Is Not a Result of Imposing

Question 23

Multiple Choice

Which of the following is not a result of imposing a rent ceiling?


A) Some consumer surplus is converted to producer surplus.
B) There is a reduction in the quantity of apartments supplied.
C) There is an increase in the quantity of apartments demanded.
D) The marginal benefit of the last apartment rented is greater than the marginal cost of supplying it.

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