Multiple Choice

-The figure above shows the demand for and supply of rental housing in Steppeville. If a rent ceiling is set at $900, the marginal benefit from renting an apartment unit is ________ and the quantity of apartments supplied is ________.
A) $900; 1,000
B) $900; 400
C) $800; 400
D) $800; 800
Correct Answer:
Verified
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