Use the following to answer question:
-(Table: Market for Apartments)Use Table: Market for Apartments.If a price ceiling of $900 is imposed on this market,the result will be an inefficiency in the form of a _____ million apartments.
A)surplus of 0.6
B)shortage of 0.6
C)surplus of 0.2
D)shortage of 0.2

Question

Use the following to answer question: 
-(Table: Market for Apartments)Use Table: Market for Apartments.If a price ceiling of $900 is imposed on this market,the result will be an inefficiency in the form of a _____ million apartments.
A)surplus of 0.6 
B)shortage of 0.6 
C)surplus of 0.2 
D)shortage of 0.2

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Table: Market for Apartments)Use Table: Market for Apartments.If a price ceiling of $900 is imposed on this market,the result will be an inefficiency in the form of a _____ million apartments.
A)surplus of 0.6 
B)shortage of 0.6 
C)surplus of 0.2 
D)shortage of 0.2

Use the Following to Answer Question