If a change of law allows renters the right to vacate a property 90 days after receiving an eviction notice rather than 30 days after the eviction notice,the supply curve of apartments will shift upward and to the left once the law is enacted.

Question

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When renters have the right to vacate a property 90 days after receiving an eviction notice rather than 30 days, it reduces the urgency of finding a new place to live. As a result, the demand for rental properties will decrease, causing the supply curve of apartments to shift upwards and to the left due to a decrease in demand.

If a Change of Law Allows Renters the Right to Vacate