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

Question 25

Multiple Choice

-The figure above shows the demand for and supply of rental housing in Smallton. If a rent ceiling is set at $800, what is the rent? A) $400 B) $800 C) $600 D) None of the above answers is correct.
-The figure above shows the demand for and supply of rental housing in Smallton. If a rent ceiling is set at $800, what is the rent?


A) $400
B) $800
C) $600
D) None of the above answers is correct.

Correct Answer:

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