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-The Figure Above Shows the Housing Market in the City

Question 74

Multiple Choice

  -The figure above shows the housing market in the city of Appleville. A rent ceiling of $650 per month is imposed. With the rent ceiling, the deadweight loss in the Appleville housing market is A)  zero. B)  at least $15,000 per month. C)  at most $7,500 per month. D)  300 units per month.
-The figure above shows the housing market in the city of Appleville. A rent ceiling of $650 per month is imposed. With the rent ceiling, the deadweight loss in the Appleville housing market is


A) zero.
B) at least $15,000 per month.
C) at most $7,500 per month.
D) 300 units per month.

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