The Following Questions Refer to the graph below.
-If rent is controlled at $600,there will be a ______ equal to ____ thousand units in the market.

Name: The Following Questions Refer to the graph below. -If rent is controlled at $600,there will be a ______ equal to ____ thousand units in the market.
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Question

The Following Questions Refer to the graph below. 
-If rent is controlled at $600,there will be a ______ equal to ____ thousand units in the market.

Quizplus · Accepted Answer

At a rent control price of $600, the quantity demanded is 30 thousand units, while the quantity supplied is only 10 thousand units. This creates a shortage of 20 thousand units.

The Following Questions Refer to the Graph Below