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-The Figure Above Shows the Demand for and Supply of Rental

Question 21

Multiple Choice

-The figure above shows the demand for and supply of rental housing in Steppeville. If a rent ceiling is set at $700, the marginal benefit from renting an apartment unit is ________ and the quantity of apartment units supplied is ________. A) $700; 600 B) $850; 600 C) $800; 800 D) $700; 800
-The figure above shows the demand for and supply of rental housing in Steppeville. If a rent ceiling is set at $700, the marginal benefit from renting an apartment unit is ________ and the quantity of apartment units supplied is ________.


A) $700; 600
B) $850; 600
C) $800; 800
D) $700; 800

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