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-The Above Figure Shows Supply and Demand Curves for Apartment

Question 131

Multiple Choice

-The above figure shows supply and demand curves for apartment units in a large city.If the city government passes a law that establishes $350 per month as the legal maximum rent,producer surplus A) increases. B) decreases. C) stays the same. D) changes in a direction that cannot be determined from the information given.
-The above figure shows supply and demand curves for apartment units in a large city.If the city government passes a law that establishes $350 per month as the legal maximum rent,producer surplus


A) increases.
B) decreases.
C) stays the same.
D) changes in a direction that cannot be determined from the information given.

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