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-The Figure Above Shows the Housing Market in the City

Question 67

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, what is the maximum black market rent in Appleville? A) $650 per month B) $700 per month C) $750 per month D) $800 per month
-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, what is the maximum black market rent in Appleville?


A) $650 per month
B) $700 per month
C) $750 per month
D) $800 per month

Correct Answer:

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