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Figure 55 Figure 5

Question 109

Multiple Choice

Figure 5.5 Figure 5.5   Figure 5.5 shows the market for apartments in Springfield.Recently, the government imposed a rent ceiling of $1000 per month. -Refer to Figure 5.5.The value of the portion of producer surplus transferred to consumers as a result of the rent ceiling is A) $40 000 B) $100 000 C) $125 000 D) $140 000 Figure 5.5 shows the market for apartments in Springfield.Recently, the government imposed a rent ceiling of $1000 per month.
-Refer to Figure 5.5.The value of the portion of producer surplus transferred to consumers as a result of the rent ceiling is


A) $40 000
B) $100 000
C) $125 000
D) $140 000

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