Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Figure: Rent Controls) Use Figure: Rent Controls.If rent controls are set at Rent₁:

A) the shortage of rental units is the distance Q₃ - Q₁.
B) some renters will be willing to pay a price as high as Rent₄ for Q₁ units.
C) no one will have to pay a higher actual price than Rent₀,nor will anyone be willing to do so.
D) there will be a surplus of rental units,but it is impossible to tell how large the surplus is based on the information provided.