A rent ceiling creates a shortage. As a result, there is
A) an efficient allocation of housing.
B) a surplus of housing.
C) an increase in the producer surplus in the housing market.
D) a decrease in the producer surplus in the housing market.
Correct Answer:
Verified
Q31: One common effect of rent ceilings in
Q32: Q33: With rent controls, which of the following Q34: Which of the following is a result Q35: In some recent past years, prices of Q37: In some recent past years, prices of Q38: A rent ceiling creates a shortage. As Q39: The stricter the enforcement of a price Q40: A rent ceiling set below the equilibrium Q41: 
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