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-In the Figure Above, Originally the Apartment Rental Market Is

Question 52

Multiple Choice

-In the figure above, originally the apartment rental market is in short-run and long-run equilibrium with a rent of $600 per month. Then the government imposes a rent ceiling of $500 per month. The deadweight loss is borne by A) the producers only. B) the consumers only. C) all producers and some consumers. D) all consumers and some producers.
-In the figure above, originally the apartment rental market is in short-run and long-run equilibrium with a rent of $600 per month. Then the government imposes a rent ceiling of $500 per month. The deadweight loss is borne by


A) the producers only.
B) the consumers only.
C) all producers and some consumers.
D) all consumers and some producers.

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