a. What are the equilibrium rent and the quantity of housing rented? b. If a rent ceiling
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a. What are the equilibrium rent and the quantity of housing rented?
b. If a rent ceiling is set at $600 a month, what is the rent paid? What is the shortage of housing?
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Related Book For 
Microeconomics Canada In The Global Environment
ISBN: 9781556520617
11th Edition
Authors: Michael Parkin, Robin Bade
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