-The above figure shows supply and demand curves for apartment units in a large city.If the city government passes a law that establishes $350 per month as the legal maximum rent,the loss in social welfare equals
A) b + c.
B) f.
C) a.
D) f + g.

Question

-The above figure shows supply and demand curves for apartment units in a large city.If the city government passes a law that establishes $350 per month as the legal maximum rent,the loss in social welfare equals
A) b + c. 
B) f. 
C) a. 
D) f + g.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows supply and demand curves for apartment units in a large city.If the city government passes a law that establishes $350 per month as the legal maximum rent,the loss in social welfare equals
A) b + c. 
B) f. 
C) a. 
D) f + g.

-The Above Figure Shows Supply and Demand Curves for Apartment