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Economics 11th Edition by William McEachern
النسخة 11الرقم المعياري الدولي: 978-1305505469Economics 11th Edition by William McEachern
النسخة 11الرقم المعياري الدولي: 978-1305505469 تمرين 10
Case Study: Rent Ceilings in New York City
Suppose the demand and supply curves for rental housing units have the typical shapes and that the rental housing market is in equilibrium. Then, government establishes a rent ceiling below the equilibrium level.
a. What happens to the quantity of housing available?
b. What happens to the quality of housing and why?
c. Who benefits from rent control?
d. Who loses from rent control?
e. How do landlords of rent-controlled apartments try to get tenants to leave?
Suppose the demand and supply curves for rental housing units have the typical shapes and that the rental housing market is in equilibrium. Then, government establishes a rent ceiling below the equilibrium level.
a. What happens to the quantity of housing available?
b. What happens to the quality of housing and why?
c. Who benefits from rent control?
d. Who loses from rent control?
e. How do landlords of rent-controlled apartments try to get tenants to leave?
التوضيح
موثّق
موثّق
a.Fall in quantity:
If the government f...
Economics 11th Edition by William McEachern
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