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A Rent Ceiling Set Below the Equilibrium Rent Decreases the Quantity

Question 201

Multiple Choice

A rent ceiling set below the equilibrium rent decreases the quantity of housing supplied because


A) landlords of previously barely profitable apartments refuse to rent them.
B) the supply of housing increases.
C) fewer tenants will search for housing.
D) demand for housing will increase.
E) the supply curve of housing immediately shifts leftward.

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