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-The Figure Above Shows the Housing Market in the City

Question 80

Multiple Choice

-The figure above shows the housing market in the city of Appleville. A rent ceiling of $650 per month is imposed. With the rent ceiling, the quantity of housing rented in Appleville is A) 200 units below the efficient level. B) 100 units above the efficient level. C) 300 units below the efficient level. D) efficient.
-The figure above shows the housing market in the city of Appleville. A rent ceiling of $650 per month is imposed. With the rent ceiling, the quantity of housing rented in Appleville is


A) 200 units below the efficient level.
B) 100 units above the efficient level.
C) 300 units below the efficient level.
D) efficient.

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