Business, 06.04.2020 19:50 anabellabenzaquen

Rent controls are a typical example of a price ceiling.
Please select all likely consequences of rent controls when the price ceiling is binding, there is more than one correct answer.

A. surplus of affordable housing
B. reductions in apartment quality
C. inefficient allocation of apartments
D. shortage of affordable housing

Answers: 3

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Rent controls are a typical example of a price ceiling.
Please select all likely consequences...

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