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-The Above Figure Shows a Housing Market with a Rent

Question 37

Multiple Choice

-The above figure shows a housing market with a rent ceiling equal to $1,000. In this figure, after taking account of the resources lost in search, what area is equal to the consumer surplus? A) Area A B) Area B C) Area C D) Area D E) Area E
-The above figure shows a housing market with a rent ceiling equal to $1,000. In this figure, after taking account of the resources lost in search, what area is equal to the consumer surplus?


A) Area A
B) Area B
C) Area C
D) Area D
E) Area E

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